For example, if you are looking to get $1,000 a month and all the available rentals on Zillow have hardwoods for a comparable-sized property/ unit you would want to add hardwoods.

Check out Furnished Finder to see if there are any comparable MTRs and their rate in the area. 

If using a PM the returns fall to be comparable to LTR.  

And a few who do real, sustainable business.For an industry that loves to hate on agents, it's remarkable how most of them earn less, and do nothing compared to their peerset who simply get licensed. 

Be sure to find comparable areas, asset class, vintage, and sizeGood LuckGino

@Ryan DunnYou are comparing apples and oranges.

You will quickly see how you compare in all those categories.

Sometimes in CA it's difficult to show positive cashflow because the property valuations are so high compared to the rental income, but it is defiantly something to look into.

You live in Jacksonville which is a market that has homes at the lower price point compared to the nation.I would do one of two things1) Get a new property via 3.5% down and use the rest as reserves2) save up another $10,000 and then buy a $125,000 home using $25,000 down.This will give you $10,000 as reserves just incase something goes wrongBest of luck.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.