When faced with scenarios like this, it's tough to answer such a specific question with limited information. 

Honestly, I never fully understood what they meant—until recently.I’ve been diving into some larger-scale real estate projects, specifically in commercial properties and multifamily development.

Unless you are going for a specific look, there’s no reason for an expensive toilet.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Specifically, short-term rentals can help you get REPS status.

Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.

You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation. 

Quote from @Kristi Kandel: Quote from @Jay Hinrichs: Quote from @Kristi Kandel: Quote from @Manuel Angeles: When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?

I started a new post asking people's thoughts about insurance costs in your local area and specifically costs to rebuild and other challenges:https://www.biggerpockets.com/forums/95/topics/1227051-insur...

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?