In college towns like South Bend, features that appeal to potential landlords (like extra bedrooms or separate entrances) will boost ROI.In colder climates like Indiana, spring and early summer are often the best selling seasons.

Yes, you'll have some costs and time spent to keep your license active, but having your own broker's license would give you extra flexibility in the future. 

", shows your inexperience.The cashflow numbers for Class C & D properties only look good on paper because few investors plug the correct assumptions into their ROI calculators.Have seen many newbies use a 5% vacancy factor for Class C & D properties with nothing built into their calculations for tenant-nonperformance or the extra damages low-demographic tenants statistically cause.BTW: we recommend using at least a 20% Vacancy+Tenant-nonperformance number.

The cleaners are able to make the beds right before they leave and the extra set stays in the unit for guests. 

Bring in more money by charging extra rent and taking care of it yourself.

And you should always have a backup lockbox on your property in the back yard with an extra key. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

If this is your goal to live off of rental income you will need to acquire many properties until you reach your overall goal of making enough off rents that will cover all of your living expenses plus a little extra for fun stuff.

I would to the right person and if they’re willing to pay extra.

Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.