But still, I think it's a bit too high.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The area has attracted a lot of new young professionals with their work from home marketing that gives $10,000 to qualified families to help them establish themselves in the area.

Usually MTR comes fully furnished with utilities included, so you pay for the convenience.if the area has traveling nurses, other professionals that come for a few months for work they normally pay more, in certain cases the employer pays the rent not familiar with that particular market,  but worth looking into it.

the unfinished basements have plumbing in place for drains and egress windows.

Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.

Also makes it look professional when a potential renter comes to look at it.

Will they "check themselves" from bad behavior when they see a professional company with professional services, legally reviewed lease, etc. managing their day-to-day?

The sooner you start these conversations, the better prepared you'll be when the right deal comes along.Local professionals can also be an invaluable resource.

I've made connections with some great local RE professionals.

RentRedi checked all the boxes for me, RentRedi made this first time property novice, show up as a complete professional management service.I can list my property Receive/review Pre-qual apps, full application and access to the background check with ease.Schedule showings, send approval emailsSet up my rentals and collect rent electronically.Handle maintenance and so much more all through the RentRedi app.