The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.

If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.  

Appraisals are now being compared to multi-family.

I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Of course not, but required items such as electric, water, gas, and plumbing all need to be in working order.

Do you have an overall opinion and an opinion compared to Reno/Vegas?

Downtown Charleston experienced a significant surge, with home prices increasing by 33.2% compared to the previous year, resulting in a median price of $1.2 million.

Actual cost takes into account depreciation so complete destruction of a property could leave you under water in terms of the amount paid for the loss.

@Edreco AmosMiami’s market can be tricky for cash flow since condo fees and insurance costs can eat into your profits, especially with newer buildings or those near the water.