Good management and fresh clean apartments bring top of the market rent to a re-emerging work force ready to serve the warehouse industry in a once great industrial railroad city. 

We have a tenant in process- my property manager is telling me that he uses Turbo Tax and the lease he generates only requires his signature and the tenants.

Realtors, property managers, contractors, and legal advisors are invaluable.6.

Downtown exploded with 30 story Towers as the Mayor did all she could to turn that into a Concrete Jungle where everybody can work online from their expensive apartments and walk to all the stores and fancy restaurants.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

The other way is using the short term rental loophole but you have to be the person spending the most time in managing the asset which may not be worth it for you. 

It can absolutely be done in California, and although California makes it very difficult to manage properties due to tenant-friendly laws, if you know what you're doing or have a great property manager, California is an excellent place to invest due to high appreciation.

I have a small 3 unit that I manage myself.

They are entities, not individuals and their asset managers handle thousands or hundreds of these at a time.

One way to look at is that your paying a property management fee of 8-10% to do absolutely nothing but just hope that this is a long term hold because you might have to pay these again to buy something else....correct me if I am wrong.