The developers need both economies of scale and top-end rents to make the numbers work.Post some more details, location and your financial breakdown, and the community will help you walk through whether this is actually a viable plan. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I have put a spreadsheet together that details my numbers. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I would want to better understand the situation around the “eviction” on tenant 1and have a detailed conversation with the past 2 landlords.

So keep the extra premium in mind for your numbers if you plan to get conventional financing after as they will most likely require flood insurance and that can be pricey.

I heard that there are many reselling techniques that people do on ebay and that brings them extra income.

I’ve been asking for an extra $300 deposit and $25 a month per dog.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

:)  I'm wondering about the details of how the transfer takes place from the current building owner to new building owner/landlord.