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General Landlording & Rental Properties

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Long Distance Management

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Posted Aug 3 2008, 11:03

I am planning on buying a small multiunit place out of state since prices in my area are too high. I would like to minimize the cost associated with managing the property and am willing to do as much of the work myself as possible but it seems like most of the work has to be done by someone local. Any suggestions or advice from anybody that has owned out of state property? Are management companies the best way to go or are there any other options? Thanks.

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