And even if they agree with the $150 increase you're just breaking even.

Unless I know the General Partner and have high confidence, personally it seems risky to do a invest and forget method in real estate.

My dad suggested I use a PM, but I'm going to see how I do self managing. 

It seems like a positive would be that I would be more confident they can pay every month and I could probably charge a little more since it’s now split 3 ways and get closer to market rents without cleaning or repairs. 

I just am having issues feeling confident in an out of state market that I have no clue will be good. 

@Kay NemenWe’ve found the best way to raise rent is:Determine market rentShare the proof with the tenantTell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

They want high volume agents to generate income for themselves, and increase their stats.Yes, as a Realtor (not all agents are Realtors), you have to abide by the Code of Ethics. 

Purchase price: $850,000 Cash invested: $3,200,000 Want to see what buying an old abandoned grocery store for $850k, and converting it to a Class A climate controlled self storage facility wirth $13.5 million looks like?

Self manage returns can be 20-30%+.I do have clients who fly in for showings, or do virtual showings and fly in during inspections, and I have some clients who never come in at all!

The best part of these renovations you do for your own house is that not only will it make it nicer to live in, but it will increase the value of the house too!