And what is going in cap rate?

There is a lot here that he needs go over, such as are you cashing out, looking to lock rate, is there pre pay, do you want community or agency?

Wow... after reading this I feel like there is a lot of overcharging going on...

Are you trying to deter theft, vandalism, other crimes?

I own property and have no children or real persons that I want to inherit my property after death. 

@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.

Anyone investing in a product new to them is never going to have perfect knowledge going in; extensive knowledge is accumulated over time, and, well, if you wait for perfect knowledge you’ll never invest.  

If they're like the other relocation companies, you can ask to background check the tenants.

Quote from @Tessa Booth: I’m planning on doing some Black Friday shopping for some tools/gear to use for doing some rehab work.

Prior to pandemic we used it a lot for ourselves and did AirBNB which was a gold mine for the 90 days that you are allowed to do it in the city.