There are a ton of illegal basement apartments all around Hudson County--maybe 10-15 years ago there was a program (at least in Union City) where many of these apartments were made legal, I think partly as a way for the city to generate revenue, and partly as a way for the city to have some oversight, since people were renting these apartments out regardless of their legality. 

However, if you want to press on, here are a couple of ideas:Install a coin-op washer and dryer and use the revenue to reimburse the tenants.

It is very unlikely that all my properties will stop generating revenue at the same time. 

It sure is mate,What "killed" the fun for more is scale.10+ deals per month, 30+ in house staff.Different devisions like property management, rehabs, maintenance, brokerage, building tech, personal investments, etc...Came full circle mate.Less is more and not looking to break any records nowadays.Doubled revenue and profits first 5 years lolBecame a monster with 17 heads...I want to get old like you and Jay so health and life first now hahahaJokes and love you fella's 

1st, my pricing was not cheap to begin with $200 a mo.2nd, I live in California and my property is in Birmingham.3rd, they had great reviews until I dug a bit more.4th, they're the biggest in the state of Alabama.Anymore questions Drew?

I'm using both to figure out the potential revenue for our property with comparing the listings that surround it.

Would be happy to run a revenue projection on all of your properties.

I really think that the biggest pros and cons depends on YOUR goalsI self manage my properties with the help of a VA and I like that I can be hands off now that my VA is trained.

Hiring a competent local manager can maximize not only your time but also your revenue if they do it right. 

in short, it's going to take a lot of networking and time that doesn't initially have any revenue attached to it.hope this helps