Any current rental property owners that can give me details on the cost of rental license and inspection fees in Lansing, MI?

Putting some money down will help you reduce costs.. 

We absolutely never allow them to pay the costs and then "just take it out of rent" later! 

The result is that the cost to add a hands off ADU is much greater than will be added by the ADU.  

Partner Driven financed the E Wildflower Lane deal using its own capital, covering the $270,000 purchase price and $40,000 in renovation costs.

Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.

Hi there,I’ve recently been looking into offsetting energy costs for my multi family properties and was wondering if it’s worth the time and effort?

@Trey Onufrii It's tough to say which one is the better investment without more details, like - cost of each parcel(s), are there utilities close by (especially the Jomax site), what's the terrain like on the hilltops? 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.