@Kristina XieMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: $200-$350/month Appreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

I've been in the real estate industry for 14+ years, STR, MTR and LTR specific for 6+ years and have designed, setup and staged 65+ properties for owners throughout the US.

When house prices outpace incomes, reversion to the mean happens Everything else is simply Noise or the RE Industrial Complex trying to sustain the narrative. 

Wholesaling is a good way to get into the industry without alot of capital.

Personal stats that obviously doesnt depict the industry as a whole.

At the very least, it feels reasonable to split it.What has you experience been with late fees and/or what's industry-standard?

Others might have experience working in office complexes, industrial facilities, or even commercial strips malls.

NARPM * National Association of Residential Property Managers is a trade association for "fee" managers of 1 to 4 units.IREM * Institute of Real Estate Management is the NAR affiliate for larger residential, commercial and industrial properties.Both organizations have education and provide designations for their members.NARPM = RMP and MPMResidential Management ProfessionalMaster Property ManagerIREM = ARM and CPMAccredited Residential Manager (onsite manager)Certified Property ManagerI have 40 years of fee management experience and hold the RMP, MPM and CPM designations.I teach designation courses for NARPM and we are having our annual convention in Salt Lake City the third week of Sept.

If you build industrial, I would build one building with the option to split the space if need be.Mark

I am knowledgeable in the construction industry / Construction management / finance management / etc. hoping to expand my investments into BRRRRs for the Houston, Texas area.