if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt. 

Section 8 maintenance is very expensive.There was a set of condos that were partially rented to Section 8 tenants.

I assume most people are able to see through the pickiness of a couple high maintenance people when the rest of the reviews are stellar.But lately I've been wondering if I should reply to these reviews and what the best approach is.

New construction SFH starts in the 300’s and while those won’t meet the 1% rule in the first few years of ownership, they will eventually and the lack of maintenance keeps costs down.

You only need a place to track tenant information, payment history, maintenance, etc.

I used to own a small property maintenance/handy-man company so I have some skills that I would be willing to barter with.

Can you pay all of your bills, mortgage for the rental and potential maintenance bills for a rental if the tenants don't pay their rent or if the place is vacant and needs rehab after the tenants destroyed it?

Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

In September, nationwide asking rents were down 0.5% year-over-year, the 14th-straight month that rents were (slightly) lower on an annual basis.

I'm about to rent out my first property and would love a recommendation on an app to use to screen applicants, submit maintenance requests, and receive rent.