I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.

I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?

The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.

I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.

The cost of entry is lower.   

While metrics like square footage or price per square foot matter, the number of bedrooms, bathrooms, and overall location are often more critical for attracting tenants.Engaging a property manager early on can save you from costly mistakes and help you invest in properties that perform well in the rental market.

Good points on passing the utilities costs to the tenants and eliminating property management.

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

Delapidated building not worth the cost of demolition.5.

Here's an article with FAQs including the cost of a study.