By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.

We have a shortage of qualified applicants and conventional renters, which was created over Covid 19.

And in a severe duty application like renting to section 8, you probably have to do that every 30 years.In other words, your portfolio carries a $1,320,000 future liability ($60k x 22), which equals about 22 years of present-day cash flow.

Being a broker myself, I can attest to the incredible value you can bring to clients by understanding not only the brokering side of things, but the application of those funds. 

They will show the property, send applications, review them, and review the applicants with you, and draft a lease and any necessary local docs needed for rentals. 

I suspect a decent VA could access public records and build a mainling list for you  or check Property Radar and see if there software will do that for you..

However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.

For instance, if it's a small portion and you indicated during initial intake/application that electrical is updated they wouldn't have any way of knowing. 

Does anyone have any tips or software tools to help give estimates on pricing and the potential occupancy of the rental?

.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.