It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

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

And cost is not coming down.

And that depends on how you view the costs. 

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

@Karolina Powell I am seeing 6.75% with 1.5 points with putting 20% down. 25% down gets you down to 6.49% with similar cost. 

On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.

But if borrowing costs remain high and interest rates don't fall as many people expect, cap rates will have to decompress further. 

In simple terms, it says you shouldn’t pay more than 70% of the property’s After Repair Value (ARV) minus the cost of repairs.

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).