Are you sure $1000 is market rent for your unit as the upstairs is renting for 2.5x time?

Hi everyone,I'm seeking some advice regarding a property I own in Hawaii that is currently rented to a military tenant.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

I’m have my first house built in Portsmouth VA and will be renting out two of rooms in a 3 bed  3.5 bath townhome. 

We have several different "types" of properties to include traditional single family rentals, one multifamily rental, lease to buy options with tenants who hope to buy from us, two short term rentals, and some agricultural farm land that is cash rent. 

@Alessa LeSarThe BRRRR method is a way to grow a a limited-capital real estate portfolio by buying homes, fixing them up, renting them out, refinancing, and doing it all over again.

I would check to make sure they aren't charging a management fee until rent is collected.

Maybe consider build-to-rent properties?

The purpose would be to rent it out through a property manager just like a regular single family home.

This amount includes utilities, taxes, insurance, repairs (8% of rents), vacancy (8% of rents), and capex (5% of rents).Link to the Redfin listing: https://www.redfin.com/ME/Augusta/39-Oak-St-04330/home/99940...