The average home value stands at $562,718, marking a 5.1% year-over-year rise, and homes typically go pending in approximately 30 days.

@Brandon Blackmon Are you trying to figure out how much the GC is marking up your project?

Dividend is marked by a restructuring of holdings, simplifying things, getting out of day-2-day and just being the owner.

Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.

Would the investor have to use an assignment contract between him and new end buyer to collect the mark-up fee aka assignment fee at closing?

If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.

I'm certainly looking for some cash flow but from my initial analysis, it usually is around the 5-7% mark in terms of CoC return.

Quote from @Mark Miles: Congrats on the great purchase!!

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Quote from @Mark G.: @Jay Hinrichs  Why do you prefer PR over PS?