I have NOT placed much research into it but from what I have read their fee structure is expensive. 

@Hudson Filippi What part of Northern MN do you live in now?

Eric,Without going into too much detail on each line item, at first I use my back of the napkin method with a 40-50% expense ratio.

The only exception is for on-site managers, like you'd find living in one unit of an apartment building and managing the building on behalf of the owner.

Regards, ClarkI'm curious, @Zhenyang Jin, with a DSCR at 1.30x, what are you total operating expenses relative to your EGI (Rent after vacancy expenes)? 

I live about 20-25 minutes away in Bloomfield Township (Lake Geneva mailing address) and have a rental in Delavan. 

Where are you living at this point?

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Quote from @Maurice Nkonsissie: HelloMy name is Maurice, I live in the greater DMV area.

I renovated the home while 3 of my friends lived with me and paid my mortgage.