EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? 

So, we now find most areas where the cost of PM leaves but the general real estate passive investment ROI for the investor hiring property management.  

It's probably best to have them pay out of pocket for a smaller cost like this.

Quote from @Jeff Sanders: Personally coming from an agent/investor in CA, I always get a quote from a broker of mine and make sure I am knowledgeable with the fees/costs.

Even with renovation costs and insurance costs the fix n flips are still making money.  

I would be cautious on the value add opportunities as the capex can be very expensive, but since you are developer you may might have an edge with figuring out these kinds of costs in your due dilligence.I've been working on building relationships with brokers. 

Many out-of-state investors make big mistakes that cost them far more than a property manager would charge.

Here is an example of what it costs you to avoid professional advice.

The cost shouldn’t be double what a duplex is, but should likely be less per unit.