Break it down:-if the place wasn't ready for an inspection and you were told it was, then rather than ask them to pay for a second inspection...ask for the costs of all of the repairs.

Factor in vacancy rates, property management costs, potential repairs, and even things like lawn care.

Massive dehumidifiers are filling with at least 3-4 gallons of water daily - we can't rent until a slew of multi thousand dollar repairs are completed.We were told that the dehumidifiers the sellers had in the house were only used during the spring when snowmelt was very bad.

Forget trying to walk them through a simple repair over the phone, to avoid sending a ServiceTech and saving an owner money.

I ended up selling that house a few years later and investing in RI due to growing up in the area and having my dad available for repairs and maintenance as I would find, purchase, and handle all of the financing/ tenant responsibilities being an agent in RI and MA.

Preparing Property for Rental/Lease: FREE (not including cost of maintenance/repairs related to turnover).D.

The wholetail is a smart play, but you should be cleaning the place thoroughly and doing no repairs and then presenting an honest proforma with rents and expenses estimated so investors have a PDF to look through.

-Increases the Value of the property, almost always by at least the invested amount, in many areas of San Diego, it can increase the value of the property by as much as 150% of the invested amount-Decreases your risk profile, having 4 units instead of 2, helps stabilize your rental revenue when vacancies and repairs have to happen.

This new property management company was just as ineffective, and for nearly two years, I struggled with bad tenants, constant repairs, and growing losses.

Over the last year I have built up a strong Home Repairs business (Eastern NC Home Repairs) that services New Bern, Greenville, Jacksonville, Morehead City, Kinston, and Havelock.