I personally like Frank Wolfe's course at MHP University.

The average annual premium is typically $900-$1000.

Just be clear with yourself on what you're looking for.                                                  1% rent                12% ROI                  $250/mo Rent                                           $2000                  $1790                      $1460 ROI (return on investment)     16%                      12%                         5.9% Cash flow (annual)                 $9482                  $6962                       $3002 Cash flow (monthly)               $790.17              $580.17                   $250.17

The other option is let them know you'll be renovating the property and give them time to move out, then sign an annual lease with the next tenant.

You can check out https://www.llcuniversity.com/llc-annual-fees-by-s... to see what these fees would be for different states. 

From an ongoing management perspective, you want to know how to avoid prohibited transactions, calculate annual contributions, and process annual filings (if applicable) - among others.

She's not a big fan.Needs to be able to generate monthly statements and annual statements for property owners showing rent revenue, managements fees taken out, and other expenses. 

Definitely recommend you run the numbers and a quick way to do so before you get too deep and waste alot of time is to write down this:Purchase Price Cash to Close Rent-------------------- Property Tax per monthInsurance per month HOA Mortgage Vacancy (x%) Repairs (x%) Property Mgmt (x%) Total Expenses: XThen find out your cash flow INCOME - EXPENSESCap Rate NET ANNUAL -MORTGAGE ANNUAL / PURCHASE PRICECash on Cash Return NET ANNUAL +MORTGAGE ANNUAL / PURCHASE PRICETakes like 10 to 15 mins to evaluate the numbers.

so far i've only found TD Bank out of Albany who runs a prime +1.74 rate, plus annual fee and closing costs. 

I have rent increases annually at 7% a year to get to market rate by year 4.