I grew up in the Midwest with grandparents that mentally never recovered.

There are many approaches, but if you're in the business for income to live off of you need a mentality of setting up transactions of all kinds on an ongoing basis.

Mentally I am not prepare for that and feel really stress about the increase.

HOWEVER: I'm in a similar situation with a "bad" neighbor - he's mentally unstable & I'm pretty well convinced one of these days he's going to snap.

https://www.courant.com/community/hartford/hc-news-hartford-housing-code-20190531-hcke2jo2x5fpdgz75xf4hlv2ki-story.htmlThe gist of it is that you would have to list a residential address for every member of an LLC owning multifamily housing, and pay a licensing fee for multifamilies of 3 or more units, and have regular property inspections for all multi-unit housing (as opposed to only Section 8 housing).There have been several times when I have had to evict people for violent, criminal behavior,sometimes accompanied by mental illness. 

Defiantly going to prioritize getting my contacts up.

If the extra $100 isn't worth your time, I would just cut your losses, stop spending mental energy on it and pay the PM for their over priced range.

What we learned about the home buying process and the local Austin market in the past two weeks greatly outpaced than the last 6 months of reading and podcast listening I've been doing as mental preparation for the jump into real estate.   

You're certainly in a very good financial position to start shopping for a multifamily and obviously are prioritizing your real estate education.

Ask the PM what their eviction rate is  (annually- not monthly) ALso, ask if the PM owns their own properties- in our view, having an owner mentality is essential - What do they do to screen tenants?