Putting in place policies and systems to handle that will be key otherwise you'll always be working or at least be on-call.  

Second main point: Avantstay has excellent systems to find guests who will treat property and neighborhood responsibly.

Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.

For many, their downfall (and really what makes it so easy) is that it is a single-entry system. 

Weigh convenience vs. control—your renovations and location set you up well for long-term growth! 

We had an accounting system once that necessitated doing this - not ideal, but it keeps the assets and liabilities straight and AP is just an accrual until you pay the bill.

- Highly unlikely you'll be able to get separate water meters installed and submeter system probably too expensive for this few of units. - So, that leaves electric & gas.

Also if this property is on septic that also can throw a wrench into the ability to call a space "a bedroom" as septic systems are sized and permitted based on the bedrooms.

Here's a chart from ShowMojo based upon the thousands of properties their clients use their system for:Not sure how any landlord or PMC doesn't understand that DOM are affected by the time of year and it's taking longer to find tenants than any time since 2018!

We look for good school systems, low crime and desirable neighborhoods.