At the acquisition price points, and the market value of the units if you do decide to go wit a pm you’ll find yourself not being very profitable as most pm’s will charge $75 per unit min or 8-10% of gross rental income.

Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

I even see seasoned investors enroll in the program because they get more deals faster.

If you sign up as a client they provide legally vetted forms and can advise on the process at no charge.

But even a plumber shouldn't charge $365.

But they take fees from you and charge the tenant more.

I am currently in the process of filing lawsuits against all of these tenants on behalf of my clients, and I am hoping we can add criminal charges onto the civil suits.

In the hotel zone, boutique hotels charge between $500 and $1500 or more a night.

#s: value: $440k each, total debt: $310k each (incl. arrears), prop taxes/mo: $500, insurance/mo: $25, common charges/mo: $380, rents/mo: $2700 & $2250Pls feel free w/ any solutions / input / ideas.TxDave

It's also faster.