The idea of it sitting empty caused me emotional damage. 

.- The whole process is simplified—no co-ownership legal headaches.I’m curious about the pros and cons of something like this.

Your screening is limited to ONLY what RentRedi thinks should be part of the screening process, and rent payments...well, you will be reported to the IRS for the fees RentRedi charges..and RentRedi will not give you their W9 to write those off as an expense.

But I strongly urge anyone to always get Aldermanic support before proceeding because it makes life--and the entire project / process--a whole lot easier. :)IN SUM: Based on what you've shared, it sounds like you won't need to rezone if you just want to build a duplex.

It's such an exciting part of the process!

We manage between 80 and 100 listings it varies winter to summer but the processing of manually Remitting and paying out the property taxes takes much longer than 10 min.

You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process. 

Am I missing anything significant in this thought process? 

Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.

We went through this process twice with them.