Are you aware whether or not your PM charges for the service or is this the amount invoiced directly from the contractor/vendor?

Then I need to build my team, inspectors, sub contractors and either find a property management company or try to self manage them and etc.

Bay Area, did a local renovation where I was able to do walk throughs with the contractor, and have pretty good control of this property, can check on it multiple times a week.

My first flip was a HUD foreclosure with no money down—far from perfect, but I learned a ton about budgeting and contractors.

Had I hired a professional, it would have been done in a month and the extra five months of rent income would have paid for the contractor, saving me six months of nights and weekends.

Then hold contractors accountable.2.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

For example, Pace Morby made really good money working his butt off as a contractor, then he invested that money into real estate.

Get a box of the heavy duty contractor trash bags for the men to load things in . 

Electricity alone on a 2 bed is usually around $200-250.