Rental Value Increase: While exact rental increases can vary depending on the market, adding a 1/2 bath could allow you to charge a higher rent, possibly by $50-$100 per month or more, depending on tenant demand.

The inspection requirements can vary, but properties usually need to meet their safety and livability standards.

To increase profitability, we brought on three more team members and shifted our focus entirely to outbound lead acquisition, pausing inbound lead generation.While we’ve had success with door-knocking, I’m unsure if we can rely on it alone to scale our business to the next level.

Back in the day, all these tenant's of such were just "known", and followed, because we never had the internet to rely upon.

When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.

Your exposure to risk varies based on your honesty, ability to document, and your location (e.g.

It should just be the lender application which is vary straight forward from lender to lender unless your doing a construction loan. 

Conversely, I’ve seen property managers who excel in all these areas, and the difference they make is night and day.As a multifamily investor who rely heavily on PM, and who has been burnt by dubious PM, @Stephanie Michael response above reflect perfect my view of what makes a good PM.

For DSCR loans, this literally varies by lender and by rental type (LTR, STR). 

Properties within driving distance offer several advantages:Hands-on management: You can personally handle issues like maintenance, repairs, and tenant interactions, which is invaluable when you're learning the ins and outs of rental management.Cost efficiency: Without needing to rely on a property manager from the start, you’ll save on fees.Faster response time: Being local means you're close enough to address emergencies or inspect the property as needed.Starting with a nearby property often leads to a smoother learning experience.