That way, you're getting paid without having to interact directly with the tenants, screen them, collect rent, drama, etc.

It's not a one-size-fits-all answer, but hopefully this gives you some food for thought.Whatever path you choose, I'm here rooting for your success.Jasper & PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Although it seems like the OP is really not looking to get much money 3 years of cash payments on that size loan is what 30k  seems hardly worth the effort.

If you click the photo it should open full size in another tab.)This is imprecise so you can take this and fine tune it to make it better, but you get the idea. 

Tesla Inc. appears to be on the verge of a major expansion of its huge factory in eastern Travis County, with recent filings indicating the Elon Musk-led company intends to add 5 million square feet to it — a 50% increase from its current size of 10 million square feet.

Much needed relief ...Austin-Bergstrom International Airport is rolling out a new multimillion dollar expansion plan, the largest expansion in its history.AUS is poised to nearly double in size with the expansion, which is part of the Journey with AUS program.

Determine which units need work done to get them up to market rent, which tenants may be a future problem, and which units you can simply increase rents without major upgrades.Depending on where you are located, the size of the unit, etc. you may be able to get up to $1,800/month in Bridgeport for a 2-bedroom.

You have understand each community, culture, environment and how to screen for the right tenant.