Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Is saving the fee a PM charges worth the potential thousands in cost and headaches?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!

@Fabio CattolicoFrom my experience, balancing career growth, cost of living, and real estate goals is a smart move.

We did get much lower costs when we changed to minisplits but the initial cost is high.

Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.

The justification for eminent domain would be the cost of defending the current set up, health costs and environmental cleanup costs. 

Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

And they’ve cost me alone well over $30k in damages and lost rent thanks to their complete negligence.