Additional resources and tools via brokerage.... 

A PM offers so many additional services in addition to things you cannot do yourself - like simply having a 3rd party between you and the tenant.

(G) Acceptable forms of payment of Rent (including Additional Rent) are ___ personal check, ___ cashier’s check, ___ bank check, ___ money order, and ___ the following online/ACH payment methods ____________________.

Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

Or in this case the additional tax on investment real estate in SC. 

Additional software estimates renovation costs and provides actionable analytics.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

What I found was, yes it was nice have additional income, but each project seemed to always interfere.

.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.

We have been working to be extremely conservative with our estimates but with this being our first go at this, any additional expertise is greatly appreciated!