I would include the storage and bake it into the rent or not bother, you will have enough to account for as it is.

I have worked hard my whole life thus far and realize it is so important to diversify your portfolio across many different types of investments, a key metric being Real Estate. 

Guest preferences and expectations have definitely went up over the last few years so I believe the personal touch is definitely important.

Some people bill back the water/sewer (say on an SF when you know the exact amount), some include it in the rent, some charge a fixed amount per month.

Or you can use your own proceeds (including the tax free cash from the sale of the primary residence side).

More importantly, they know how to prevent problems in the first place.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

It is so important to buy property that you set yourself up for success with (they pencil out) and mitigate the risks of loss. 

The property is also in a great up and coming neighborhood, and its appreciated about $40k in equity in the last year, not including the ADU value add.

You mention cash flow several times, so I wonder if that's the most important variable for you...?

There was so much water that we had to use a pump and mini x to get to the shutoff.I am posting this because I want to add some extra emphasis on how important systems and good employees are to your success.I was in Hawaii over three thousand miles away and we were able to get this taken care of without me there and without help outside of our contacts.