On a more enterprise scale, I employ RevMax software as well as a fractional revenue manager who looks at the prices daily on a market level and a comp set level. 

This conversion will begin at the end of the month.I am just sharing the above to give context to my level of experience with this type of investment.I look forward to hearing from you all.

He didn’t just answer my questions—he showed me how this game is played at a much higher level.

As a side note the "Median" rents for the whole country are on a HUD website and is updated every year to the new rent levels, so you can see how your rents compare to the HUD Median rents. 

When it comes to rude and abusive tenants, I'll deal with them on a professional level during their tenancy, but when it comes to renew, BYE BYE.

You are very clearly leveling up your game quickly!

Generally they are not rolled into the loan, and it's more the level of fees (say the percentage) they charge rather than any "junk" fees or costs.

Either way, after five years, I can say I achieved a certain level of passive income—just not the kind that puts cash in my pocket. 

Quote from @Don Miller: The below timeline is not to express any level of happiness or unhappiness. 

Not just the safety point but the maintenance level it is way too much work.