We charge a transparent monthly fee for this and our digital property management platform - but we are not a local property manager.We also give owners the ability to use a repair triage service and our vendor network, or address repairs with their own handyman.Our goal is to make renting better for owners and residents.

I would take on a 50% partner at 300,000 and would include the use of my two 4 x 4 SUVsIf we did nothing else besides let the property run as it is running now, with an operator renting the property as a whole to run as a business it will cashflow >500 per month per owner.

At first, he was anxious about having multiple tenants under one roof, but with the right house rules spelled out up front, it turned into a solid monthly cash fow for him.

Added ducks and geese over the last month.  

I agree with everything in this post and if it was a month ago I may have agreed with everything in this post (and I gave it an up vote).

If you go another month then 16% lower would have resulted in more income. 

Columbus - less monthly cash flow - higher predicted long term appreciationDayton - More monthly cash flow - standard expected appreciation

These are good questions, but keep in mind that a month of obsessive research is still the absolute tip of the iceberg.

One of them being you can't charge more than one month security deposit.

I think many people tend to think about the monthly payment number and not about the interest rate.