Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

They do have multiple pets, which is a downside, but they would pay a non-refundable pet fee as well.Has anyone rented to anyone in this situation?

What cap rate do you all look for when looking at duplex's or multi-plex's? 

If you put it into an LLC it will be at the corp tax rate/state corp tax rate.

But managing 4 separate leases, needs, personalities, life circumstances, turnover rates, etc, will be a lot more work than renting out the whole house. 

3.Charing multiple fees in every parts of the game, including deal sourcing and other stuff - (I assume they might also be able to get kickbacks from each deal or rehab construction), after all these fees been charged, investors can hardly make profit.4.They are manipulating reviews and comments, if you say anything bad they will kick you out of their chat group and they will ask people to do "Great" Review to boost their reputation online or on their website5.There are many other things they do is unethicalAfter I doing few deals, I already loss some money and still have some projects stuck in my hand!

Since the loan is at a low interest rate we do not want to refinance into our names and her parents are okay not refinancing as well.Thanks,Zack

Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.

Yes - this scenario could get you a 6.500% rate, probably would need a couple of points origination fee though. 

They might be willing to walk properties with you and provide estimates before you put in your offer (sometimes for a fee).