I moved from Florida to start investing in Columbus because of the same reason.https://www.zillow.com/learn/hottest-housing-markets-2024/The markets here in Ohio range.

Building housing is subject to a significant array of regulatory costs, including a broad range of fees, permits, reviews, and other requirements imposed at different stages of the development and the construction process, with both a direct cost and a time/delay cost.

., but it does make things much easier AND give you access too a wide range of benefits, not the least of which is obtaining your SSN and being able to build U.S. credit and access financing.

As I mentioned to April, I am in Phoenix, AZ, and the few places I have called about full service were in the 8-10% range and didn't have a capped amount. 

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

And the wide sandy beach of Nantasket (3 miles long) is less than 400 yards away.

I have had some clients out of state self manage larger class B 4 units $800k range and it seems only way to cashflow right now is self managing larger deals. 

Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.

Rates are in the 7.5-8.5% range. 

When all these are factored in, the average cap rate on a single family home is in the low 3% range.