Typically  issues are raised when the exterior is not kept up with / parking on grass / garbage in neighborhoods where everyone takes pretty good care of their homes.If you keep it clean and run a tight ship, you should be okay most of the time.

Collections agencies typically take 30-50% of what they collect. 50-70% of something is better then 100% of nothing IMO.  

I'm only guessing but based on what some of the local project managers were saying is that a typical family of four that was paying for a three bedroom cabin decided they could get by with a one or two bedroom with a loft or a pullout sofa so the demand from the larger ones went up. 

(Think of it as you are the "bank" in a typical REO transaction). 

But typically impact fees are related to water & wastewater services, or a traffic impact fee. 

You collect market rent (You might be collecting less net rent without a PM, you’re essentially managing for free.)

The definition of a good deal is essentially buying right for what you're trying to achieve.

However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.

Another difference is when a PM quits, typically the stakes are pretty low, you just hire another one.

What types of properties or investors do you typically partner with?