Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Can be financed.With “Full” version – 20% reserves if renovation is major – foundation, room additionsDraw Requests“Draws” are funds paid to the contractor after work is completed.For “Streamline” – pictures of completed work is permittedFor “Full” – Consultant inspects workWork must be completed within 6 months of loan closingNo upfront draws permittedVA RENOVATION LOANContractor certified by VAHUD Consultant is required15% contingency$50,000 renovation maxSo with the 15% contingency…that means about $42,000 renovation max because of the 15% contingency

It is important always to double-check everyone's work because no one is going to put in the true due diligence needed more than you!

However, the rapid rise of the technology sector in the Reston area has sparked them to double down on their bets for continued strength of the office market in Reston Town Center (the D.C. metro area has the 3rd highest density of tech talent in the United States and 9th in the world, especially markets in the Dulles Toll Road Corridor like Reston, where 70% of the worlds internet traffic flows through and is home to companies like Google, Oracle, and Microsoft).

Until then, I'm anticipating consistent double digit increases in insurance YOY.My Thoughts:I personally think insurance expense escalators should have 5-10%(as an avg) expense escalators for the foreseeable future.Am I alone in feeling this way?

While it may pencil out on paper to do one option over the other using simple math I would urge you to think big picture as well.

I think your being in Florida may not give you the full picture here. 

BP fam what are your thoughts on my scenario -- I bought my primary home for $335k 2 years ago and have put about 40k in upgrades (new double paned windows, new foundation, new metal roof, rain gutters).

Make sure that you have a clear case for all of those repairs: before and after pictures, move-in form, etc The more evidence you have against them, the easier it will be to proof if they decide that they don't agree with your deduction. 

If they are doing a 2% and 8%, then the sponsor management fee is double the norm.