Hello,  I've been putting offers in on for my first rental property (single family homes out of an HOA).

Needed some guidance on the fees for this kind of real estate and whether the offered pref and LP/GP split actually makes sense or is it too high/low?

Additionally, Memphis boasts a strong rental market driven by a large population of renters, including students, young professionals, and families.

In addition to adjusting your personal budget to save more, a side hustle can be a great way to quickly pad the bank account.

The high vacancy rates in apartment properties in Memphis may be due to economic fluctuations and demographic shifts; however, they create a favorable environment for potential renters to find affordable housing and for rental owners to innovate and improve their offerings, ultimately contributing to a more dynamic and resilient housing market.

I use to offer either 60 or 70% of the money.

On top of the 'commonly used' investor filters like 2+ years back taxes, recently inherited, etc- I loved some additional possible/ unique filters like number of structures on a parcel, min/max land sq ft, initial purchase price, and ability to narrow down to very specific areas on a map.

An ADU addition in a SFH zoned area in my market adds significantly less value than the hands of cost of adding the ADU.  

Certainly a strong equity play in addition to the cash flow :) Should be live on Airbnb in march.By the summertime, we expect the combined cash flows from our properties to exceed $20k/month.

High end offerings in particular need a great PM.