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Updated about 9 years ago,
Is it more effective to have PM rehab property or to DIY?
The property in question is a SFH, needing new flooring as a major repair and also several minor repairs such as hardware, cracked tiling. Is it more cost effective to just have a PM take care of this or do they generally charge a premium? On the other hand, I imagine they might have repairmen/contractors they deal with that might do the work for less. I have no knowledge about such things and would be starting from scratch, using resources such as Yelp to find repairmen. I also have very little interest. If I had to pay an extra 1-2k to have it taken care of by a PM (which I will hire anyway since I don't want to manage the property myself - I'll be a first time landlord) I would rather go that route.
Any advice / tips / feedback would be greatly appreciated. Thank you!