It will be difficult in the beginning but once you set up a system (ie deposit rents on a separate bank account, set up autopay on bills from the same account or separate credit card, etc) should be easier since most transactions are re-occurring.

Also, tenants treat MFRs more like an apartment than a home so you will often have a reoccurring vacancy.In SFRs, tenants have to pay for all of these items and they feel more at home and are likely to stay longer.Try looking at: Single Family vs.

Self showings, leasing call centers, I have a insurance companies credit department that screens the tenants and monitors there default risk throughout the year.

If you are not going to be in the area while it is being leased, I would recommend finding an experienced co-host in the area that can carefully monitor things and help keep your AirBNB rating high.You can find a lot of experienced co-hosts through AirBNB and usually only need to pay them 10% of the guest fees. 

I know it's possible to monitor usage for specific circuits using a few different device options. 

Request the tenants leave, flip to 3 bedroom, and rent to new tenants at $986If I convert from  2 BR to a 3 BR, I've calculated a payback period of 2.3 years... here's the high-level of how I came to that number:Annual Opportunity Cost:3 BR vs 2 BR Rent = $2,790My Time (expect less needy tenants) = $1,183TOTAL OPPT COST= $3,973 <-- This is a favorable numberCost to get unit ready as 3 BRTotal to flip = $7,551 (includes paint, new floors, converting basement to bedroom, etc)  2 Months lost rent = $1,510 TOTAL UPFRONT COSTS $9,061 <-- This is an unfavorable numberPayback Period =  $9,061 / $3,973 = 2.3 years (Note if I'm conservative in my nubers, this becomes 3 years)Couple more things to note, they're set up on re-occurring payments and have not missed a payment.

I follow them on social media etc so I can monitor their world with an occasional comment etc but don't attend their events, Birthdays etc.

You can monitor what leads do, set up listing alerts for clients for given parameters, and that's all just scratching the surface. 

Also factor in the value of sleeping well at night and avoiding the constant desire to stab your monitor with a pencil. 

I just happen to keep monitoring as I cant apply for my homestead til after my deed is recorded.