I manage around 400 rentals with 14 years of experience and have never been sued once.

We can get a second home without putting anything down (VA loan), move into the school district we want and a much nicer home for our growing family:Current home (want to rent this out):One of the largest lots in the area 1/100 lots in an area with 1000's of properties that has navigable water which is our water, at 2.75%, 280k remaining $1650/month, rents $3000 mom will be lending 25k over 5 years at $500/mo payments, and we will use a property manager $300/mo = rental take home of $550/mo incomenew home (hypothetical estimates):$550k @ 7%, paying ~$3300/moWe will have a period of 9 months starting Dec 2024 where we would be at about -$100 where our older daughter goes to pre-k for $1150/mo and infant is in daycare for $1650/mo.

After being laid off back in Oct 2023 from Upper Management change (New COO) that let my General Manager and then myself go 40ish days later.

On top of this, our property management options also leave something to be desired.

Thats what the HOA/Management wanted.

Obtaining competent management was an issue, I have no confidence in the service personal in the local area.  

Hey Robert, we manage over 100 STR/MTR and some LTR properties.

Last on the list is many also "self manage the property", guess what happens if there ever is a lawsuit?

Introduce yourself, strike up a conversation with the homeowners, and let them know you're interested in buying houses nearby.Networking: Create connections with other real estate experts, such as contractors, investors, wholesalers, and property managers.

That means adding 50% to their pay right off the bat, so a $30 hr carpenter now costs you $45 hr...that doesn't include the rest of the labor burden like payroll tax, etc.And then you will have to manage them...if you do not do it they will take advantage of you in a big way.