Seems a bit high on the exp ratio near 43% but we do pay a premium for our solid cleaning lady, she also stocks supplies, runs errands and other duties for no "extra" charge.

They just moved out and the house needs some cleaning up.

Take a look at Personal Property versus Real property coverage, plus clean up costs to make sure your covered.I would also look at covering your project from the Subcontractors. 

I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.

When we create our business plan, we also include our exit plan.We'll only proceed if we can clean this up, acquire new tenants at higher rents so we can increase our NOI, which in turn should reflect our cap rate and profits.Since this asset class is new to us we will tread cautiously.Scheduled to preview tomorrow. 

A few public projects have cleaned this up but the area has never prospered since.

It turns out he could like airbnbs that needed minimal DIY work.

I have known Matt for nearly 5 years and he completed a good, clean, and very appealing PPM for me.

Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.

I'm sure you'll get differing opinions but this sounds more clean and simple to me.