Develop your own screening process if you intend to self manage.............don't continue with that PM.

Being a passive investor self-managing all my properties, it is important to get them close to Plano/Frisco and relatively newer.

Keep them in place on this one, and if you want to self-manage in the future, you’ll learn how they do it.

Are there any park amenities that need ongoing service (pool, laundry, etc)Is there any deferred maintenance (roads, landscaping, pads, pedestals, etc)How are they managing the park currently (3rd party management company, self managed?)

For self storage you should go to https://www.radiusplus.com/ and run analysis of this property for the 1, 3 and 5 mile supply/demand along with the rates to see if the current rates are below market leaving some room to bring them to market.   

Or put it the other way, the S Corp's primary advantage is not having to pay the the Self Employment taxes after the required salary.Good luck.

A Non-QM mortgage still must show the ability to repay, but they can use alternative methods, such as 12/24 month bank statements if self employed, or Asset Depletion, or DSCR loans.

I choose to self mange this property since it is at a higher rent rate and new construction.Deal finding: Upside opportunity to increase rent over time.

We currently have 11 units that we are self managing in a town of 50,000 in Ohio( a few single family and 2 fourplexes).

I just can’t bring my self to go below 1%.