It's not about winning at the cost of others; it's about finding solutions that work for everyone.

Factor in property taxes, insurance costs, and maintenance expenditures to ensure your investment aligns with your financial goals.Take Advantage of Financing Options: Explore FHA loans for owner-occupied properties or conventional financing options tailored to multifamily investments.

I can't recoup the cost of a 15K hot tub replacement by raising rents really high.

Mid-priced cabinets at Ikea are perfect for a STR and would help lower costs for you!

You will also have added costs because the primaries that are currently mortgage free will now have mortgages.

All of your equity will be eaten up by closing costs alone  

As a flipper, you are trying to control your costs to maximize your return on each deal.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

For things like cleaning, painting, etc; she should be hiring people to do that (or if she wants to then contract herself) and bill you those at cost. 

Depending on the nature of what needs done, *in general* a good contractor will cost you about the same thing as you acting as the GC yourself because they get better pricing from subs than you will get, and pocket the difference as profit.