BTW, managing from out of state is a tough task.

After my inspection for a condo, radon levels were high.

In most cases, the property manager ends up being the one truly running day-to-day operations, which makes it hard for the IRS to see you as “materially participating.”To meet REP requirements, two things have to happen:-You (or your wife) need to spend more than 750 hours a year on real estate activities, and-Those hours have to make up more than half of total working time for the year.The challenge is proving that level of involvement when a property manager is already handling leasing, maintenance, and tenant issues.

.--- You can also go down ONE level, but only in high demand areas.

I’ve personally run into issues when SFR managers try to manage multifamily—it’s just not the same business.3.

It's a miracle if I ever manage to actually speak to them on the phone.

They are the worst property management company I've ever dealt with.

Hi @Mark SorecoIn recent year it has been an overflowing of digital property management companies, many of which are not making any many and constantly investing in customer acquisition, that is the main reason that you see so low coat on their offering.If you go to stablish digital property management like belong home you will see that prices are similar than a local property management and they make you save many offering you additional services at no cost.You have to evaluate what would it be the additional work that you will have to do to get at the same level than the local PM.You have to analyze this as a business owner like any other services that you will buy from a service provider.

Yes, I have them manage that stuff.2.

Many managers get jumpy around rooming houses.