It takes a lot of work to find a tenant, your commision gained from the income should only be for the services rendered while the tenant is in the home ( in my opinion ).Some additional fees I can think off, are maintenances fees, for larger projects that require a lot of management and research.

You can do a lot of this research yourself, or you can leverage the expertise of others that already know it.

If you are literally just starting then spend some time researching the pros and cons of each, but don’t overthink it.

I actually believe the complete opposite because of several different life experiences.I just encourage EVERYONE to do their own research and think long and hard about every aspect of carrying or not.

However, with savvy keyword research, you can quickly learn how to stay ahead of the game.

Local building codes are going to dictate the options.I researched it several years ago and it ended up being cost prohibitive because of these reasons: 1.)  

Quote from @Drew Sygit: @Joe Budkiewicz another example of an owner not doing enough research and asking enough questions about HOW their PMC will provide their services:(This probably isn't covered in the PM contract, so they can do what they want.Couple of issues:1) This should have all been considered a single event and covered under one Work Order.

I am not really a fan of the program because we have a very nice situation in our current home.Putting 20% down for a conventional loan is a steep task financially so I do not think that is an option plus I have been told by many of my friends with multiple MF homes to never use your own money to get into one.Then there is always using the equity we have built up in this current MF home we live in to purchase the next - I am not sure how that works but have done some research on home equity loans and believe that would be another option.Any advice would be greatly appreciated!

I’ve been following much of the research you suggested, like inspecting the property and assessing comparable homes in the area.

My research also suggests Roku may be an easy way to handle it.