@Faheem, yeah, I manage my Arizona rental in the US remotely. Real estate development is in my US family’s blood, and thankfully it’s one of the easier “jobs” to have long-distance. I thankfully have amazing support there and a strong network, so it’s all good!
I’m actually more apprehensive about hosting locally here in India than remotely in the States, precisely because even though I’m here, I don’t have any clue how to tell an electrician something needs to be fixed or stuff like that (I leave that to my spouse). Plus I don’t have the head for the financial feasibility here since I don’t know things like market rates, cost… it all feels foreign to me, no pun intended. Plus, I prefer AirBnb’ing out space where I don’t live, and rental prices are kinda crazy (to say nothing of buying a place).
If I recall correctly, you’re in Mumbai? I’ve been fortunate to visit many places in beautiful India, but surprisingly haven’t made my way there yet!
Sorry for making this such an India-centric thread, @K9KarmaCasa! I can’t help it–I’m always happy to chat up a fellow Indian resident.