I'm an experienced investor and have tried for years to find and maintain good PMs, but have not had any luck, which is why I generally advise against OOS where you will be 100% reliant on them.

The Accessory Dwelling Unit use shall be operated and maintained under the same ownershipas the primary Single Unit Dwelling use.2.

Incentivize them by telling them (of course follow through with this as well) that you will maintain their services for a minimum period of time (you wouldn't want to obligate yourself but for so long if you do not like how they perform).Hope this helps.

Your knowledge comes mostly from reading web articles rather than personal experience or researchHere is a record of my portfolio performance since 2013 when I started maintaining Mint records.

I share my 1/3rd cost of maintaining the parking lot.

In Ann Arbor, if a dwelling is cited three times during the winter by the Housing Inspection Department because the heating system will not maintain the required temperature without portable heaters, corrective action (e.g. storm windows, insulation, additional heating capability) may be required.

So, you really have to keep reinvesting your profits year after year to maintain that percent return you are concerned about.

I spend a fair amount of time educating myself on the current market and especially commercial trends.My current properties do not take a lot of time to maintain and I rarely have any trouble collecting rents.Now that I have found an apartment that makes sense there has been several weeks of due diligence and understanding the market.

We guarantee that we will maintain in our portfolio at least one loan of equal or greater value to back the loan guaranteeing the investor's investment.

From my limited knowledge and experience, the cons would be that you have to maintain the LLC in both states.