Utilities, including common area will also be different.

Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.

First, I looked at the most common solutions: Quickbooks, Stessa, Digb, RentRedi and finally went with Stessa because it was free.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Just have a few questions before we get to deep into the process:What are some common mistakes that can easily be avoided?

A common example is Cleveland.

Some places do this annually, some places do a portion of the town every year giving them a total cycle of about every 4 years, and in my area it’s common to do a whole town reevaluation every 4-5 years.

Very commonly the resident pays a portion of the rent so your rent increase will affect their budget and their lives. 

I'd also recommend staying away from townhouses if you can but understand in some markets they are more common than others.

Common misconception that the fed funds controls mortgage rates but that is not how it works.