PM suggesting to rehab the property

[Saurabh Kukreja]

I am an OOS investor with my first property in Memphis. I have reduced the price but still have not gotten many applications.

In this 3rd month of the home still being vacant, PM suggested doing some rehab for the property to show better. 

Redfin / Zillow rent estimates are 1200 - 1450, My property for this week is listed below that at 1145.

PM suggests some light landscaping ( mulch and bushes ), Cabinet paint for Kitchen and Bathroom, and Changing countertop for the Kitchen and Bathroom. 

I am ok to spend money but I am not confident on approving this as I dont what "MY" property would look like after the changes. How do you deal in such situation with your PM. What can I do to get better hold of my PM and such rehabs in future also?

[Nathan Gesner]

The property must be pretty low quality if it's a couple hundred below market and sitting vacant for three months in this market. It's already cost you about $4,000 while sitting vacant. Fix it up and get it rented.