The PM coordinates cleanings, repairs, maintenance, mowing the lawn, etc.These transactions would involve a TIC.

I’m looking to purchase a duplex in Charlotte, with one unit being turn-key and the other in need of repairs.

Something will pop up, and it’s important that they have team members to handle a majority of the repairs, and or have recommendations for local companies that can handle what you need3.)

But the city is giving orders to repair or demolish them.

Maintenance and Repairs: - How do you handle maintenance requests from tenants?

If its a matter of repairs to bring the 5 unusable ones up to par, then get an estimate for those repairs and ask for that amount. 

Is it because you plan on using the cabin for personal use as well as an investment, or are you planning on fixing maintenance/repair issues yourselves, or something else all together?

My calculations are based on 2 sets of numbers - the numbers the seller has provided, and my own calculations accounting for 5% for vacancy, 5% for repair, 5% for capex, 10% for property management and actual costs for property tax/insurance.I am trying to decide if this deal is worth pursuing or if I should walk away due to the premium on the homes.

It turned out to be the right move because he encountered a few unexpected repair issues that would have made monthly payments stressful.

Clean and make repairs, then put it on the market and rent it as quickly as possible.