Only by controlling costs, managing the projects, and having a steady pipeline of projects will we be able to have a viable business.

Since this is a seller, you would need everything in writing that was signed at closing stating you would take control of the listing.

"Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.

Paint an alluring picture of what the buyers life could look like.Lastly, remember fair housing rules (although a flat fee broker should review and eliminate any violations as part of their quality control process).

Related parties are defined as family members or entities in which you have more than 50% control.

What @John Underwood said ^^^ there is no way to easily control the temps.And the way my brain works as a lifelong business man is....it sounds like possible HUGE liability issue.

I listened to a BP podcast back in the day (like Josh and Brandon days, I think) where the guest joined the HOA board to give himself control over rental policies.

I'm probably missing a thing or two but that's fine.This year we hired a controller to help keep everything running smoothly.

Sometimes both.Your HOA may cover pest control, but that's something to consider.Regular Maintenance - within the 1st year on a new build, you shouldn't pay for anything.

It's important to know and consider the max rent potential, cost of rehab, and municipal requirements (rent control, registrations, inspections).