What if any property management software are you using right now?

For small MFH/SFH you have to find the deal, inspect, estimates and decide what to do, make a deal, get financing, get contractors, manage contractors, pay contractors, then turn it over to a property manager.

Quote from @Nick Am: Hi All, I have 2 multifamily rental units that I entirely self-manage.

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.

Managing a rental (even if it cash flows) comes with responsibilities, and it might not be worth it for $300 a month.

Quote from @Obed Calixte: There are a ton of free tenant applications online and through property management software companies such as turbotenant, rentspree, zillow etc.You will want your application to meet any state specific guidelines (if applicable). 

Since we are two people, we can manage the negative cash flow together.

I'm a property manager, and I also buy/sell property.

As a property manager in Savannah, GA who has been hosting these guests for longer than 7 years, I’ve spoken publicly many times on the lack of concern about guests becoming squatters.