For example, you may reduce the maintenance and capex to 5% and then discover turnover occurs more often than you had planned.

To do list functions and maintenance requests seem to be working fine.

You're right that they are expensive, but when you consider the net present value of those dollars, it is well worth the cost (1.5% on the front end then 1.5% annually).My greater concern is from the regulatory side of things.

these days buying any free standing SFR with rents much less than 1200 a month is simply not enough Gross revenue to run the railroad.. 600.00 rent on an SFR your going to lose your rear end through cap ex and maintenance.

Average maintenance and capital improvement: 350/month (4-5kyr).

Add in property manager, repairs/maintenance, CapEx, vacancy etc and you will be deep in the red.

The one you can scale.I know successful business owners in the fitness industry, tanning salons, real estate, window coverings, maintenance, billboard, ATMs, etc.Generally, I would be skeptical of jumping into a business based on YouTube videos hosted by and featuring people that are likely primarily trying to sell you their respective courses.Small businesses can indeed be great investments, but they are hard.  

As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.

Tenant had the option for an annual lease, but chose the flexibility of a month-to-month.

You can buy new construction for low maintenance and use a property management company to rent out out the property.