Another option is a full time manager and a contract repairman - a manager would collect work orders and call a maintenance contractor to perform the actual work.

Owners love having a portal to access their property information and performance in real time. “ Ante VujicTenantCloud “I do all of that with TenantCloud and have closed my paid account with AF.

Can you perform different or better than the other agent?

I called the company and found out that 8 months prior they were out there to perform work. 

I think the confusion may be here- if you do not live in the property, you need a licensed contractor to pull permits and perform the work.

If you have no money, who takes the loss if the property doesn’t perform as expected or if you end up hiring dishonest people who take your money and then take off?

I have properties I have owned for 20+ years and the performance on them outstrips anything purchased in the past 10 years.  

@Scott Passman The overall condition of the property (affecting future repairs) and the ongoing management (practices that generate cash flow) are going to have THE greatest impact on your overall long term performance. 

Specialty firms typically referred to as IRA facilitators and advisors perform this type of legal service.If you qualify as self-employed and have no full time employees, a Solo 401(k) is also going to provide checkbook control, and as a retirement plan has several advantages over the comparable IRA LLC. 

Ryan:When we first created a set of spreadsheets and then wrote a small application to perform some scenario simulations, the BP calculators did not yet exist.