In addition, if you bought any of these below market, you might capture some equity upon purchase.My wife and I do a mix of syndicating and limited partner investing in apartments and have had great returns. 

Even with a single family often there are utilities that you will want to pay directly as a landlord and which are customary in that market to be included in the rent.

or it is just the way the market currently is right now ?

All major repairs, such as the HVAC and roof were handled before the seller put the property on the market. 

Appfolio, Rentvine, Buildium are the 3 big players in the market.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Marketing to real estate agents.

What type of traveler are you marketing to?

You are relying on their market expertise, problem-solving, lease enforcement, legal compliance, and so much more.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Knowing a market and being within a reasonable distance just seems to make sense especially if you are either working solo or with a small newly formed team.