PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

Unless you are intentionally collecting reviews with lower prices, I see no benefit in putting your property at a 100% booking rate.

In both cases, you're growing wealth while collecting regular income.📊 Market Appreciation vs Stock GrowthHere's where it gets really interesting!

Collections, drive by shooting, spousal abuse, police presence, we’re all an ongoing problem.  

Facebook will collect the ad form submissions from people interested in selling their house to you, but you still need a way to get those submissions so you can contact them.

Attorney’s Fees; Collection Related Costs; Jury Waiver.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If it would concentrate on rent collection only and do it well, it might be okay.

We look at lenders (so long as they lend in the asset class you are considering) as an additional line of due diligence (they deeply care about their money and they are likely more sophisticated than you are).

You’re able to leverage your initial investment and use it for future properties, potentially expanding your portfolio quickly.Cash Flow: With each property, you can create a consistent cash flow stream that builds over time as rents increase and property values appreciate.Wealth Building: By consistently following the BRRRR process, you’re not just collecting rental income, but also building significant equity in each property.