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

In total it cost me about $500.Unfortunately, I was not able to reconcile the needs of my niche market with what the Capital Syndicate had to offer. 

Either way, you would be left with roughly enough to put 10% down on a $400-600K property and still have cash leftover for closing costs, furnishings and minor touch up renovations. 

Good summary of what your market is looking for but as we all know, each market tends to have its "wish / want" items which differ from market to market.Flow is definitely a selling point but make adjustments come with a cost. 

A good baseline is to calculate material costs (e.g., $300 for paint and supplies) and add a fair hourly rate for labor.

This lead to piecing together payments here and there and drastically slowed the construction process and major cost overruns.

My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.

Delapidated building not worth the cost of demolition.5.

Hard Money will usually finance 90% of your purchase price and 100% of your repair cost up to 70 or 75% ARV (after repair value).

However, you make a great point about starting local and dodging PM costs to start...