Here is my system that I have shared on the forums previously:It all starts with online ads, within which are several pre-screening questions I request be answered in their response to my ad.

Changing careers can certainly be a challenge, but it sounds like you're equipped with a solid foundation thanks to your sister's support.

Stay responsive and make sure guests feel valued.

It's still a good market for long term rentals but the returns are not what they were 10 years ago - but if you can get past overly optimistic suggested ROI, it's a really solid market.

If the tenant has a reasonable explanation and a solid plan on how to recover we will work with them.You are asking the right question: how are you planning to pay double rent next month?

Every example listed above this response referenced rental amounts of at least $2,000.When it comes to managing Class B properties/tenants, the flat fee model can still work, but issues with services start to appear.We've not seen a flat fee PMC effectively manage Class C or D properties/tenants here in Metro Detroit.

Thanks for the response, Caleb.Not a ton of savings that I could allocate towards a BRRRR.

Was not a heavy rehab but it was outdated inside and out. 

I would appreciate your clear response and details on this.

This combined with my new boss giving me additional responsibilities (how dare he...) and the support of my wife prompted me to take the plunge.