We’re looking to install a property management firm within the organization as a way to generate steady income and keep operations running.

When the installers came they should have said, nope, this can’t be done.

Also I would talk with those that install systems they usually have a good feel for areas and maybe will do an onsite inspection.for me if just vacant land and all i need to do is dig a 3 foot hole to get soil samples I am going to just do that. 

Include the finish selections as well so they understand what is being installed (Carpet is cheaper than hardwood and if you install hardwood herringbone thats even more expensive).Then you have the general terms as part of the contract which are insurance requiremens, licensing, schedule, indemnifications, lien waivers, case of default. 

We installed fresh flooring throughout, updated the bathroom, and gave the entire property a fresh coat of paint inside and out.

Not interested in installing new flooring or new windows.

I just wrote an offer for full asking price at 30 day close, with a contingency to extent at BUYERS choice for 30 more days if I don't get an favorable response on the electricity install costs.

Boring Can Be Beautiful, But Location Still WinsWhile I agree that boring markets offer steady cash flow, I’d argue that markets with a blend of stable tenant demand and tourist appeal like areas near U.S. military installations in Germany strike a better balance between cash flow and appreciation.

We still end up doing a few things like upgrading appliances or installing recessed LED lighting and dimmer switches and other life-style upgrades to attract top-notch tenants. 

This led to a nearly $3,000-$4,000 bill for new installations until I clarified the situation and found that the unit already had hookups.