Just keep in mind that condos still have HOA rules and fees, which can sometimes limit rental options or add extra costs.

Search Detective Jessica Correa.The class action would be against the company who got us in this mess and received allegedly $26000 a pop in referral fees.

Like you mentioned, there are lot fees that need to be paid monthly.

Quote from @Jinglei Shen: I am building my investment portfolio(duplex) in Ohio Cleveland, a few properties i have analyzed  with net cashflow  around $100 to $290 here is one deal I am analyzingDuplex generates $1590 income /month together,purchase price $123,000rate 7.5%, downpayment 25%5% vacancy, 10% mgm fee, $1400/year insurance,10% capex, 5% maintenance,COC is 8.73%monthly net cash $277this deal meets1% rule, bring in positive cash, my question is it in normal range in Ohio Cleveland market? 

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.   

Her contract says nothing about set up fees or early termination; I gave a generous offer to keep $400 as a design fee, but she sent me (2) $30 deadbolts and said the Technology Fee was non-refundable.There's other, better STR management companies out there.

HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.

It’s always smart to do your homework and make sure the provider’s model aligns with what you’re looking for.As for fees, management companies typically charge 8-10% of the monthly rent.

I charge fees that create additional income.

Just be sure to read the fine print and watch out for any fees.