@Chris F.It depends on what market you are in, but where I am located in Columbus 8-10% of gross monthly rents is pretty common for a management fee.

I have not been able to locate her since Aerowood was stripped of their real estate license.

One of our team members, @Austin Wolff is located in Fayettville and just bought a house-hack!

There are some ways around the rent control issue in my location by making the ADU an STR (not a long term rental) and apply for a license to STR on the ADU.

Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

@Arron Paulino where are the properties located?

The options vary based on what state the the property is located in as lenders are licensed state by state and not all lenders work in all states. 

Purchase price: $189,000 Cash invested: $15,000 Welcome to the crown jewel of Center City, Philadelphia—a standout property in my investment portfolio that perfectly combines elegance, location, and profitability.

Here's some real examples (with changed names / locations of the posters) to illustrate my point:"Oh, I lived there 10 years ago" - Fred in Topeka;   yup, irrelevant to the current real estate market."

Whether you’re a developer, investor, or entrepreneur, if you have a vision for tapping into the growth and energy of this location, let’s talk.