It's all in how you outline the hurdles to the owner, have a couple prices on costs (that way you're no longer talking subjectively), and make it clear that ANY buyer will have to do this as well while treating the owner with respect and building a relationship. 

We have gotten a sense of satisfaction fixing up our investment and getting good, qualified, respectable tenants in there.

I got a good feel from the initial consultation with respect to them being investor friendly, for example the CPA I spoke to said that their clients often run deals by them before closing to foresee any tax implications. 

It's really hard though to do it right; these trades people don't respect someone that doesn't have the same skills. 

Hi @Kimberly Arington, I respect the grind.My opinion is that rental arbitrage (the strategy that you are pursuing) is less effective today than it was just a couple of years ago.

Make sure your painters are respecting the finishes and not putting dripping paint cans on your brand new finished counters.  

The table didn't include the "organizational cost" or the management fee, but in the "Confidential Private Placement Memo (50 pages) : they listed it as  $35,000 and $15,000 respectively.

All major metros witnessed increases in DOM, notably Houston (50 days) and Dallas (49 days), which rose by seven and four days, respectively.

It is well suited to remain a fairly dmage free structure during any hurricane which is a huge cost consideration on island.The mansion has no exterior clapboard wood and requires much less maintenance than other woodedn victorian homes or modern beach houses in that respect.

In contrast, Midwestern states such as Iowa and Wisconsin have the lowest average weekly grocery bills, coming in at $227.32 and $221.46, respectively.