Series work well for larger commercial investors where each series controls one multi-million dollar investment so the scale of the investor's operation supports the ongoing administrative expense of maintaining a series LLC, but the same is not true for the smaller investor.  

How much control do you have in the deal, or do you want any?

(No I'm not pitching myself.)This is likely more involved than a turnkey but also gives more control and more margin.

Once all is said and done, we are projecting higher rents for those areas pushing bad tenants out and giving landlords more control.  

Many years ago, I flew down to Lafayette once a month when I was a Funding Control Officer for a savings and loan back in the mid 80's to approve their draws.  

Always include even if self managing) plus 1% for turnovers.5% Credit Losses (Uncollected Rent and Skips)5 - 10% Maintenance/Repair (depends on Age and Condition of property)5% Taxes and Insurance (Varies)5% Utilities paid by owner (Electric, Gas, Water, Sewer, Garbage)5% Landscape Maintenance/Snow Removal 5% Misc (HOA fees, Pest Control, Legal, Accounting, Advertising, etc.)5 - 15% CapEx.  

If the lease is a fixed period, say 1 yr, then its provisions control the tenant notice period and an early lease termination obligates the tenant to pay for the lease remainder time. 

This is a variable you can control, you cannot control motivation. 2) My time is worth more than $17/hr, which is why its outsourced and managed with the option to scale.3) We've invested a lot of money into branding.

One of the most overpriced apartment markets in the country is considering rent control, too?

Hello, I'm interested in owning rental property in certain areas of California where I see that there is rent control.