They generally will offer greater appreciation, as well. 

I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

Durham tends to offer slightly better cash flow opportunities compared to Raleigh, especially if you’re targeting neighborhoods that are up-and-coming but still affordable.

Quote from @John Friendas: I am trying to find the cheapest funding on a property I recently offered on. 

@Chris Lin not sure where else you own properties, but all their fees are what is normal for the Metro Detroit area.We have heard some PMCs offer lower fees in other parts of the country, but from what we've researched, these only apply to Class A properties - which are REAL easy to manage.We actually charge LESS than average to manage Class A rentals in our market.

At $15K a year, that's just bare minimum without any of the other modules that Yardi offers.

The Outlook St deal offered a unique opportunity for a rapid turnaround with minimal investment.

Quote from @Austin Jones: As a realtor focused on helping investors in the Richmond area, I’d love to offer some insights.

Sometimes, just offering to handle some basic admin work or help with marketing can get your foot in the door.If you’re not sure where to begin, you could take a quick online course to brush up on the tools or skills you think might be useful.

We started with an offer of $1,000, but after some back-and-forth, we reached an agreement at $1,500.