It has other features as well like maintenance request, automatic reminders, etc.

I am currently going through the numbers and trying to figure out how much it would rent for, what kind of maintenance reserve they should keep, etc.. 

Do they require enormous amounts of time and maintenance? 

Every rental I own was renting for below-market, had deferred maintenance, and other issues.

I actually am only looking at resales that are currently managed by MSHB b/c I have not found another PM company that comes close to meeting MSHB.I've had one tenant for 12 years, I feel like at MSHB they different areas (maintenance, current leasing, tenant retentation, etc) really talk.I'm currently dealing with a nightmare with another PM company.

However, challenges include tenant management, privacy, maintenance, vacancies, and financing.

Yes, we have a few different accounts 1. operating expenses for the business 2. one account where all rents and cash reserves for maintenance are held 3. security deposits 4. company taxes 5. company savings 6. company salaries, etc..

Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease.

Subtract all costs (mortgage, property taxes, insurance, maintenance, property management fees, and HOA fees) from rental income to determine the estimated monthly cash flow.

There are fewer regulatory and tax implications compared to short-term rentals.Short-Term Rental: Can provide higher income but requires more active management, marketing, and maintenance.