It is in leasable condition but has below market in-place leases.

We're currently looking for ways to streamline supplies for cleaners (toiletries, towels, item replacements) and handle small handyman issues.

It appears the base zoning must allow for the creation of 3 units in order to lease a total of 8 bedrooms.

Specialized policies, contractor recommendations, tenant screening, lease agreements, utilities, and exit strategies are also important.Good luck!

I'm fortunate that my listings leased via apartments.com and SabbaticalHomes.com

You want to see all of the leases, if there are any, and when they end.

If you have enough unit it will make sense to have cleaner on your payroll but to starting off, most common sense is to find a very high quality, reliable cleaner that works with your budget.

Those apartment complexes usually have an in-office leasing staff and don't use a Realtor.When I'm trying to price an apartment, I'll go to MLS first and pull those comps.

Here I have contact info, lease info, AC filter, trash day etc plus all the income and expenses.Then I have a Master tab that has all properties, so I have the big picture of gross rents received.

Most condos in the DC area require minimum leases of 6 or 12 months.