I now offer "limited service" as a PM for 10% which includes marketing on 20+ channels, 24/7 guest communication, daily pricing, automations and software connections, but it is 10% of revenue. 

When looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.

Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.

Plan to buy at 4 duplex and a single family(which includes a lot) this year.

Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.

That should really be the deciding factor...is it necessary and a large enough project to include the permit process?

Experts, including Redfin, predict further improvements in affordability by 2025.The decline in rents is being driven by:1.

Our contract states that we charge the entire contract, including unpaid fees. 

Most of these gurus haven't really invested in years, or they pay someone else to do it while they specialize in being a social media influencer and motivational speaker, so I share that frustration.

You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.