So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Hey Selim @Selim Tezcan wow.. that’s quite a transformation you pulled off with this single-family home!

You should be able to build this into your cleaning fee. 

You can pull from the account and have it in your property's account within a couple of days if need be. 

Here are some of my takeaways from your budget:Operating Costs: Your STR management fee of 20% is high.

Will use our 4 wheel drive tractor to pull between the tree rows.

When Im getting into mid October to mid November....I typically recommend to my clients to pull the property off the market, and relist around Feb 15th for townhomes and single families, nd possibly as early as Jan 15th for condos.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!

., and in your analysis account for slightly higher PM fees.