The main issues are: 1. gross revenue has been less than half the projections the PM initially provided and what is on AirDNA, and 2. gross revenue has dropped 30% from last year to this year despite me investing over $125K in improvements (new pool, new fire pit, new landscaping, new dog yard). 

Some localities have gross rent floors that you have to hit before requiring an occupational license. 

Personally we use a yearly gross/net amounts and expenses the same way.So kinda the weighted average like @Drago Stanimirovic said.

Long-term rentals typically derive at least 80% of their gross rental income from residential dwelling units.

HI Shubham,Typically lenders will lend up to 50% of your total gross income assuming no debt.

Learn which version is right for you in this detailed QuickBooks Online plans comparison guide:- QuickBooks Online Simple Start: Have employees and issue invoices regularly- QuickBooks Online Essentials: Assign hours worked to customers, track bills due, and provide access for up to three users- QuickBooks Online Plus: Best for retailers, wholesalers, contractors, and other small businesses requiring property cost, inventory tracking, budgeting, and access for up to five users- QuickBooks Online Advanced: Best for small and midsize businesses (SMBs) seeking fixed asset accounting, advanced reporting, custom user permissions, a dedicated support manager, and access for up to 25 users You can use it as a property management software to track lease dates, record maintenance request and moreNothing is confusing to use if you learn it.

The primary motivators in retaining it and dipping our toes into the rental space are: 2.50% APR and sufficient margin to cover maintenance/capex/vacancy based on "recommended percentages of gross rent."

Do not operate your business negligently and certainly not with gross negligence.

DealMachine has a lot of employees in Indy who also invest there.

I've thought about property mgmt. but I'm having a problem deciding on whether or not giving up 10% of gross income to cover the cost of mgmt. is worth more than convenience of improving the proximity of another location closer to my primary and easier to continue managing myself.