Reviewing their product page it does appear the $25/month is base with the marginal $1/unit pricing after that. https://latchel.com/emergency/So more economical as the portfolio grows, though very curious Your XP once repairs are triggered since most after hours calls would be “surge pricing” for any contractor they bring in. in 15 years I’ve only had a few of the stereotypical “after hours broken toilet” calls, but I know that’s highly variable by location and property class.

Don’t be involved with those properties in ANY other way (management, lending, repairs, etc.) 

The aspect of buying and selling without the headache of repair, remodel or tenant issues is what I find the most appealing. 

Here’s the background:Background:Property Ownership: In October 2021, my grandmother purchased a property in cash for both my aunt and me, and she also paid for all the repairs and renovations, which were completed in the summer of 2022.

My clients who are no longer hamstrung by daily upkeep and repairs experience a tremendous sense of relief investing passively.  

The repair quote was over $1,200.   

The smell of mildew is strong.I know the repairs part...but the mildew smell and such will be a new challenge.Besides replacing the damaged areas, I was recommended to shellac the entire floors and spray a mildew solution everywhere.

You can also have tenants submit repair requests through the site but I don't use that as I have good relationships with all of my tenants. 

Because of this they never charged market rent, so never had money set aside for capex or repairs.

Thank you Andy-we are currently done with the repairs  and theu agreed to waive her their  as of now and is not charging us any money as she realizes she hasn’t been able to rent it .Also there is no contract ,  which after reading more and more on property managers is essential.