I like this idea because it rewards the tenant by allowing flexibility with their rent payments and rewards me with a bit of extra cashflow. 

I have also referred him to my friends and he did a great job with their concrete as well.

Every HOI quote in Louisiana I've seen in the past six months has been crazy, but your new roof will help a ton.For reference, we have one LTR in Zachary that's a comparable property to what you've described and are getting $1800/month for it.

I would suggest you find a new company that does this and refer future tenants to the new company.

Be sure to cross reference the zoning code and building code as they don’t always align, and you’ll need to defer to the more stringent code. 

While researching for the apps I guess I know now which company you are referring to :)I will keep Innago in mind. 

Hey @Nelisa Lee, @Gregory Schwartz is referring to the profit & loss within QBO not showing the cash flow of each property since it does not factor in things like principal paydown, PITI escrow payments, CapEx, etc (those are balance sheet accounts). 

It is part of the reason it makes sense to refer some notes for a fee and keep others for yourself or your SD IRA as inventory needs replenished. 

You'll need maintenance people, inspectors, agents to show the property, etc.RentRedi doesn't handle any of that.Regarding finding a PMC:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I think that is what other comments are referring to.