We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

With a Condo, couple things to note:1) Financing can be a challenge, but as long as the building is in good condition, you should be fine.

Thank you I almost fell for it any  what cram that also does commercial buildings 

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

I actually had to do this recently as I also plan on doing renovations to a 3 unit building. 

Glad to be a part of this community. 

Happy to connect and work with anyone trying to expand their business.I am working on building an industrial portfolio of my own - consistently searching and analyzing deals.My main market is Southern California, but I am slowly expanding my lens across the US.Ronald Rhode and Chad Griffiths are the best content creators in the space hands down. 

Building a Consistent Pipeline of Distressed DealsOne of the significant challenges in scaling your operations is ensuring you have a steady stream of promising distressed properties.

There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

We also buy the rentals we lock up and offload some too so I'd suggest doing your marketing in the market where you want to build your portfolio.