Keep systems in place for managing documents and contracts.6.

As a contractor and cabinet maker it made much more sense financially to purchase a home with a rental unit and manage the property myself.

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).

I manage hundreds of rentals and most of them are caulked every 5 - 10 years.

As we continue to stabilize supply chains, seasonal and historical patterns can provide insights for executing your next project, ensuring you factor in risk and stay within budget.Question: What are your thoughts on adjusting to the "new normal", how will investors manage increasing costs with many forecasting stagnant appreciation for the coming years?

Property management is also in place. 

And manage for the investors on the back end. 

What percentage of gross revenue does an owner typically keep if they do employ a property manager?

I'd recommend working with a good strong property manager that lives in that area that can check on them.

Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.