Properties below this threshold present additional risks and more limited borrowing options.7.

In both you are now paying taxes on an additional $1K/mo.

Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina. 

For payments, tools like Stripe, PayPal, or booking software like OwnerRez work well.Happy to connect if you’d like to chat more or need additional tips!

Additionally, you want to start building your "Core 4": agent, GC, lender, and PM. 

Additionally, I’d appreciate advice on pricing.

Outdoor storage, moving services, additional parking.

Additionally if you find this post helpful please give it a vote on the right hand side of this post.

The PMS around here are pretty terrible, I've worked with a lot of the larger ones in Cleveland and I think they just take on more properties than they can effectively handle and don't hire enough additional employees to make it work. 

I read the actual laws on the books in addition to seeking investor input on this site.