I have a partner, and he has gotten all of the paper work/licenses done, now we just have to actually get started. 

I have been in the Real Estate game for over 20+ years as a licensed professional. 

Management fees- free rent in exchange for licensed agent living in the community and coordinating work orders, etc. $288,000 income - $199,600 expenses without management and landscaping = $88,400 / year or $7,366/month. 

There are realtors who will cut down their commission if you have already done everything you just need their license and representation.

In many states you have to be a licensed real estate broker/agent to be a property manager.

If this happens, we will likely convert the property to a furnished or unfurnished LTR.Due to Airbnb and VRBO now requiring short-term licenses in Las Vegas for properties to be listed on their sites, unlicensed properties may turn to renting their properties out as mid-term rentals.

You can't say you aren't taking Section 8, but you can say all applicants will be considered as a whole and it has not been licensed for Section 8 in the past and you had no plans to do it.

One of my current tenants in Denver lists the extra bedroom as an Airbnb arbitrage and I was totally okay with that, it's his residence and as long as rent is paid and he has the proper licensing/insurance then sure.

Licensed in about 20 states, including GA and AL.

I have also been told in person by an individual that is a licensed Realtor that it is +- 600 sq ft.Can someone give a thorough explanation on the rules to finding comps?