Prime properties have still seen strong buyer activity (assumedly everywhere) regardless of recent interest rates, but average on market times are longer and buyer(s) typically have a captive seller audience to present their offer. 

If you earn income as an independent contractor / entrepeneur, you report the income and expenses under schedule C.There can be a converesation down the road if you should set up an S-Corp.

Then the remaining balance of $3250 can be paid out over the remaining five months of coverage at $650/Mo.My plan is to pitch this offer to my potential client with 2 months free of coverage and 2 free monthly visits included in our contract agreement, saving them an estimated $3000 or more in additional expenses.

My experience has been that I end up holding the property for an average of 5 years.  

@Tony & Andrea Stephan: What would you say is the average monthly cash flow, before property management expences per property?

What is the average price per square foot for the 10 most recent sales in the area?

Still, if the cash flow is very little, or even a bit negative, but you can hold on to the property for 4 or 5 years, you will gain an average 20% net worth on said property that belongs to you and only you.There is a saying I love in the stock market, but I feel it also applies to the real estate market:"Time in the market always beats timing the market"This is to say that if you hesitate and don't pull the trigger for fear of having "missed the boat" you could be missing the boat that is passing in front of you.So, to summarize, I would look at other markets, but I implore you to look for a good realtor who can provide more than just the properties.

P/L- Revenue 300 units at say average mix of $100 per unit, at 90% occupancy= $324,000 annual. 

For this reason, I'm thinking about charging an extra cleaning fee if leases are renewed or offering the guest to have a cleaner come in at their expense (if it were me and I had to pay it either way I'd pay the cleaner and not have to do the work myself).

Your strategy today is to do everything you can to reduce expenses and maximize rents until you get to break even again.