Have you run all your numbers, with gross rents for 8 months a year, minus all expenses, minus a big property management fee of 30% (and they should never charge for owner blocked time unless you are asking for cleaning, services,etc.)

Their perspectives have been invaluable in highlighting the nuanced balance between the challenges and rewards this venture entails.Self-managing, especially given the property's distance, presents unique challenges, primarily revolving around the commitment required for regular maintenance and promptly addressing tenant needs. a property management firm I'm considering offers a fee of 9.9% or an intriguing maintenance-only service at $95 per month.

We sent our surveys for going smoke free, and might start with one building going smoke fee after 1 year.

It's advisable to use a holistic approach, considering factors like rental history, income verification, and references.

If I understand it right it’ll cost a bit more in the short run due to loan origination fees and higher interest then a more traditional loan? 

You have to pay an initial set-up fee to the bank and an annual fee but we're talking small amounts.Some people don't like this concept and I think that it's because it's misunderstood.

You also have to factor in the other costs in an exchange such as brokers fees and intermediary fees as well.

No PMI fees.

If there are fingers, it may render the property undevelopable after factoring in the 15' setback.

I used professional PM, fees were fine.