Finally, my long-promised post explaining these tricky rules is created:https://www.biggerpockets.com/forums/51/topics/1268789-expla...

Hey, I ran into this same issue--this is what changed for me--before I would save in a HYSA...save 40-50k, then do 1 rental a year--1 conversation on leverage changed my life--using specifically designed & optimally funded whole life insurance you can leverage your cash value while it continues to grow...you put that dollar to work twice--I can explain more, happy to help

He makes the process easy by explaining all your options and telling you the pros and cons of every type of loan.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team

Quote from @Briley Roe: My cpa explained that I should only be getting taxed a capital gains, not ordinary income tax.

Many investors successfully manage this process remotely, especially if the new property management company is experienced with out-of-state owners.Once you identify a new company, here’s a general outline of the process:Review Your Current Contract – Check for termination clauses, notice periods, and any penalties or fees.Notify Your Current Manager in Writing – Provide formal notice according to your contract terms.Coordinate with Your New Manager – The new company can often assist with the transition, including collecting tenant records, keys, lease agreements, and security deposits.Communicate with Tenants – Your new manager will typically send an introduction letter to tenants explaining the change.Ensure a Smooth Handoff – Confirm that the new company gets all necessary documentation and access.It’s also wise to ask the new company about their onboarding process, how they’ll handle the transition, and how they maintain communication—especially since that’s been a major issue for you.

No, you don't have to explain to me.

She explains it a lot better than I can.

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

You should probably speak with a real estate attorney and explain what you are doing and they can advise.