Luckily, our insurance iscovering our rent and utilities until January 2025.

Cover half the mortgage/utilities/insurance/taxes etc 4.

There are quite a lot of repairs or daily requests from guests, more bookkeeping due to consumables, extra utilities, pool service, lawn service, internet, etc.  

Then a locksmith isn't necessary.Don't forget to transfer all utilities to your name the same day as key transfer!

I am interested in multi family rentals, single family, and utilizing the BRRR method.

. -- Not sure what this means Sam, I'm too much of a newb.My concern is that just because there are heavy fees, doesn't mean its not a great investment. 

I’d suggest drafting a solid agreement upfront that covers everything—ownership percentage, costs (mortgage, repairs, utilities), how profit is split, and even exit strategies if one of you wants out.

As an out of state investor, I would find a solid agent who understands real estate investing in the area and utilize their expertise. 

That way, you're getting paid without having to interact directly with the tenants, screen them, collect rent, drama, etc.I've worked with some of the population that utilizes group homes.

Is there any service that does all the heavy lifting of skip tracing LLCs instead of hiring VAs to do it?