One thing I’ve noticed is that the Midwest in general offers strong rental yields compared to coastal cities, where property values tend to be much higher but returns are slimmer.As for local networking, I'd suggest tapping into local real estate meetups, the local chamber of commerce or investor groups.

If he has tons of time on his hands and wants to get his hands dirty, flipping could be an option as well, with a combination of his money + private money. 

If there’s a noticeable drop in bookings due to the higher cleaning fee, it’s time to revisit pricing.

Would you mind sharing his contact information on my private?

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

You should always do research to see if this is viable in your target market but generally this is less common as many people want private spaces instead of shared.

We are noticing the same here in Florida.

I do notice I got charged a Loan Origination fee twice, each for $855, I'm feeling that shouldn't be the case.

The second year, they all of a sudden at renewal sent a notice that I'd be required to have carbon monoxide detectors in each bedroom. 

I specialize in renting to Section 8 (BRHP) in nicer areas of Baltimore County and noticing significantly deteriorated tenant quality.