I get pretty good returns and I have had very good luck with tenants with solid screening and income threshold minimums.

It’s also worth considering things like the local market conditions, return on investment, population and job growth trends, and other economic indicators.

These offers will essentially pay for their fee and get you to have a better return on investment.

how is investment around the area (Nashville is growing and properties are appreciating but not every area so around that area what are returns over 10 years, is it good investment area for a housing rental or I should focus other neighbourhoods)Vishal

The last month's rent will be spent, then you have $1,000 on reserve to ensure they return the property in good condition.

Negative $455/Month and at that price/rent point, poor historical rent growth and appreciation.What is the expected source of return?  

So what I did is I looked at median prices of 2 bed condos between 800-1200sqft built between 1980-1990, I did this to eliminate new condos being added into the pricing pool, and look at this rollercoaster...Detached faired a LOT better, less variability in downturns, and much better return (for this chart I did not look at semi-detached, but the trend is closer to detached)

If you have two members of the LLC then I believe you would have to file a separate business tax return and then have the income flow over to your personal return via a K-1.

Which means the “casual” investor won’t receive the return they anticipate.  

@Raghavendra Jakkani first, agree with everyone else about every occcupant 18+ being screened & signing the lease, with one exception - an occupant that is claimed on another occupant's tax return as a dependent.