We don't want our clients to do anything (and, word to the wise: the clients that want to get involved are going to be a problem).We also have a one-time on-boarding fee of $899 that covers professional photography, physical and digital guest books, and all the other time our team spends getting a place ready.Discounting your services for your friends is a mistake for a lot of reasons.

There are plenty of examples available of how to do the physical piece and what to say.

That's not the way to really gain long term, but if physical real estate is goign to put a lot of financial stress.

He was taken to the hospital, which delayed the physical removal for another week...and he was actually back on property about 4 hours after the ER trip.

As a side note looking at the monthly rent roll, the vacancy for the bldg. is @ 29.65% (economic/physical) or at least it is for the rent roll you provided for that month but is currently @ 12-13% vacancy so far YTD but in 2022 it was around 35.2% vacancy (maybe slightly lower but not much if rents have gone up since then) If I run the financials you provided the cashflow is negative by @ $4,324/mo. and that's by running it in favor of the property i.e. 20% down payment at 7.5% on 20 years | 12 units rent average of $572/mo. | w/ actual vacancy Using the numbers you provided the property makes $1/mo. cashflow at a purchase price of $504KIf I run the financial you provided BUT instead using 8% vacancy on the MARKET RENTS - it would start cash flowing @ $831K and lower.Also, you are missing laundry room income and/or there is potential for a value add in this area

If it's a physical disability, the property is what it is, we can't afford to put in ramps, etc.)  

Trust me you do not need to be physically there. you can designate anyone as your on island contact from your realtor friend housekeeper Etc.

You have a great deal of control about when and how you invest in real estate, and if it all tanks you still have a physical asset to fall on.

This is what I used when living in New Zealand and they have competitive exchange rates.I'd try to steer away from having a friend collect rent, especially physical checks.

A registered agent is someone who physically resides in the state where the LLC is sited who is able to be served papers in the event the LLC is sued.