Quote from @Timothy Hero: Sorry if this was already asked, but what's an average return per year, in terms of cash flow?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Rent is late in month 8, but she has a good reason and it's the first time.

If HOA by laws state past due owners are responsible for all late fees and legal expenses for collection hire an attorney to go after the past due. 

I am late to join you all as well.

I currently own 3 units and looking to add to my portfolio in late spring/early summer of 2025.

You can get a much better return on your investment elsewhere and with $500k you can buy 3 homes or a 4 unit.  

Hi, Anthony, yes, I have had a lot of trouble with DM returning incorrect data - wrong owner or owner not found, wrong or no mailing address, very few sale dates, and now when I filter on lead status, it does not return all leads with that status.

Unfortunately, timing was about 2 months late and the market went dormant for larger homes in our area around late August when we had the home finished.

I can’t imagine the returns you would have to generate. 22% federal tax, plus 8% state tax, plus 10% penalty.