Also, how much time do you want to spend doing real estate vs. your main job or extra work in order to fund it.

But I would charge the extra 3% to cover my costs.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

In many markets section 8 is higher than market rate. and investors need that extra return to mitigate the risk of sec 8 tenants generally speaking.

Your policy may also cover soft costs like permit fees and legal expenses caused by delays.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I would rent out an extra room, basement and yep, deal with a part time roommate.

Just an extra couple of clicks to do.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!