Each time we contact them, it is very expensive.

They are usually advanced types with alarms and pumps and expensive.

Insurance, bank accounts, credit cards, etc.You are probably making your life more complicated and expensive than it needs to be.

I assume it would be easier than analyzing small multifamily, as I don't have to verify expenses or income (instead I would need to pay more attention to lease and tenant), but I found it easier to get a general "cap rate for an area" when it comes to other asset classes.Your feedback and help is greatly appreciated, thank you! 

The only reason that it is the most expensive, is because it was the first coin and the one that people are most familiar about. 

Operating Expenses includes taxes, vacancy, utilities, insurance, maintenance, and management fee.

If anything machines get more expensive if they are smaller than that because it's more of a niche market. 

You can always scale into BRRRRs once you've built a solid relationship with a PM, learned the market well, have enough saved for BRRRR expenses, and have built equity on your first property.

House hacking can reduce living expenses but may limit roommates or share space.

Quote from @Ashwani Singh: Has anyone got an excel sheet that is good to maintain your month by month rental property management expenses and income?