Also as a new agent you NEED to get your systems down now.

Both of you is correct actually, based on Citibank family office survey, most family office ae going to do this in 2024:- move higher allocation to institution grade debt investment in the range of 25%- direct real estate investment (rental) in the range of 10% How does 10% fair versus other years?

If your HVAC system is 25 years old, you should expect it's probably not going to last much longer even if it works now.

I am looking at Baselane but unsure if that would work well as a PM versus an individual landlord that owns all of their properties. 

Once you get your systems down, you have a real estate business model that you can take to any market and be still be successful.

Samantha Reeves,Thank you for your reply I went through the Handbook , and although it's quite detailed , it seems to me that as Long as the Roof is in Good shape, there is no Peeling Paint on the Exterior of the house, and that the HVAC system is in working order , as well as there are no Safety hazards regarding  the property/house.What I'm not sure on though , is what if there's Some rotten wood on the exterior and or you want ( Need ) another $5,000 to upgrade the house .....new cabinets, faucets, flooring, re-paint the inside ?

Right now around here (I live here in your market) if you are talking basic turnkey - nothing specialized - you're going to be right around $200/sf finished, not including permits or ancillaries (IE you need a bigger septic system, you have to do major grading work for the addition, etc).

Implement Ratio Utility Billing System (RUBS)This article is a good starting point (link) or search BP for RUBSGood Luck!

During the pandemic I was working with several traveling nurses who were looking for short term rentals in the area, close to hospital systems, and were willing to pay 50-70% over market rent for 3-6 month leases. 

Owners cannot get them out and have no support from the court system.