I’ll definitely make that a priority as I build my team.I also appreciate your point about using different contractors based on the scope of work.

I’m an investor and the owner of a property management company based in Kokomo, with portfolios extending into the Indianapolis area.

Our laws require us to offer a rental first come first served (first completed application that qualifies must be offered the unit).

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

A mid-term rental could be an great option during the 6-7 months you're away since it appeals to traveling professionals, remote workers, or individuals relocating and offers stable income without the constant turnover of short-term rentals.

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

If you are looking to expand your knowledge I highly recommend the webinars BP offers. 

Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.

I would recommend matching old reservation rates and offering free gifts to secure good reviews and booking momentum.