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

Are there any unique considerations or red flags you look for compared to the traditional rental process?

IMO 6 months is nothing compared to other illiquid assets.

Cleveland, Baltimore, Toledo, Indy etc....You will see net population decreases in most of these areas but these are the areas where the prices are the lowest in the USA and come with rents that are very high when compared to the sales price.

Thus, an entire scam industry has arisen where, for a few bucks, you too can have your very own "emotional support peacock".

What are the comparables in your market doing at your expected price point?

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

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I'm not saying "wow, what a deal" or to copy this I'm just saying when compared to SFH or continuing to rent, the 2-4 unit househack is very appealing and thus demand is strong.

PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business.