Since this is a rehab, you shouldn't have to worry about offering a builders warranty but here's some things I've become accustomed to doing to make the warranty, sale process and transaction process easier.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The only note is it is easier to set up the LLC before closing but not so hard to change after. 

Find a new property manager or someone who is willing to sign off as the "local agent" - which is obviously easier said than done2.

Their team builds thousands of homes each year for investors, giving us access to great pricing, exclusive opportunities, and expert guidance.They’ve made the whole process so much easier, from connecting us with top lenders and management teams to offering tax-saving strategies and educational resources.

That experience taught me to always overestimate CapEx and vacancy buffers... it’s much easier to sleep at night when you’ve got those cushions in place.From what I’ve read in Bloomberg, these challenges aren’t unique, especially with rising rates.

Purchase is ~$500k and rental income will be ~$100k.Also rates may go down resulting in increased cash flow via a refinance.The answer to your question is there are a lot of different ways to make money via RE investing, but it used to be easier to find deals that work.  

Most of the core aspects of your LTR lease remain, but there are a few tweeks that I think make MTRs easier to deal with and more appealing to your customers.  

Having a lender who believes in you will make your deals 100x easier.

As I grow I will hand over the virtual management duties(90% can be done via phone, internet, and mail) to an assistant and get a broker lined up to do showings based on a fixed rate price to show a unit when needed so I am confident I can put together this structure and meet or exceed the 5% target in the future.