We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Short-term rentals (STRs) in San Antonio offer both advantages and challenges, especially in light of recent regulations.Pros:Increased Income Potential: STRs often generate higher rental income compared to long-term leases, as they charge daily or weekly rates.

Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

Once they fall off in a few units I’ll be cash flowing $500/unit which is great compared to the other properties I’ve analyzed recently in my market.

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

How does your rent compare to market rents? 

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

The cost of living in here is more affordable compared to other major metro areas.

For investors, this means the opportunity to acquire properties at lower entry points compared to other major tech hubs like Austin or San Francisco.