Fee structure for property management is pretty standard (1 mos rent, fixed lease renewal fee), though a flat fee of $99 for over $1,000 rent is nice.

Ditto to everything above haha that is standard but unfortunate it wasn't set up correctly for you in the first place.

I do however completely agree with you that we’ll likely see a cut next month and that there are standard metrics and pieces of data that help us determine where the rate will go.

Upstate New York will generally qualify with standard markets such as Travelers, Nationwide etc... there are a few other property programs that do very well depending on the size.

C class renovations are of less quality than a B  ( The  cheap Lowes Commodes vs a decent American Standard for example) and in many Indy areas the C class homes we always a C class area and the original home was built cheaply.

It seems to be pretty standard and a good deal.

What I typically do when I buy them is I will fix up the vacant units to a very nice standard and lease them out at or near top dollar.

Hello Trevor,Why do you give the tenants in units 2 and 3 the access to use your laundry facility?

I was open to letting these two guys make their best case, maybe they learn something.This is your standard fare anonymous forum poster BS hiding behind privacy concerns.The only reason it's still going this way is because they won't come out from behind the curtain and just have a regular conversation and somehow turn a Zoom invitation into some type of threat or aggrieved behavior.

(i could potentially go to the bank and get DSCR or a standard 30 year mortgage on it and have a cash flowing rental for $100-$250 a month?)