Rehab costs, taxes, and interest during this phase increase the depreciable basis, providing long-term tax benefits.

Would love to provide an update in a few months!

I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight. 

They're driving demand.Communities will use that tax revenue to increase the overall appeal by providing more services, improving infrastructure, etc. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.

Thank you for taking the time to provide the details and the pro forma #'s. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

As someone who used to provide housecleaning services on their own time, in addition to being an acquisition specialist, I'd say if she has written terms for that or a website or service page stating that to agree to pay her.