Once I had done that a couple times, I would certainly be in a position where I could easily ascertain if a handyman changing out windows could do a good job at it for $30/hr, at an average of 1 window per hour, for a maximum of $230 per window.Instead of calling my plumber in when the cast iron stack cracks and starts leaking, for a $600 repair and the $200 to have the wall patched, I could do it myself for maybe $100 in materials.I'm sure you can see how the math changes when you're willing to trade your time for money+experience, and then later as an experienced handyman you can hire and effectively supervise/teach unskilled labor to help with these jobs.

If it costs us $1M to  put new roofs on the building, that's a $30,000 fee to the property manager.In my opinion, $30,000 for supervising putting on new roofs seems pretty steep.

If you pay somebody else to do the work, you’ll still spend more time that you expect supervising the activity and the costs of paying others will reduce your profit.Once the work is done, you'll need to schedule inspections to make sure the property complies with applicable building codes before you can sell it.

Best I've done is rip it out on reno or turnover, then closely supervise the wiring of the new tenant.

I believe we will still move to the Ft Worth area eventually, but now I have another ~9 months to keep searching (9 months because her job offer is only that duration as she just received her Masters in Speech Pathology and has to work this supervised position before she can move on to other SLP jobs).Given this extension of time, what would you advise someone in my position to do over the next 9 or so months to set myself up for success when the time is up?

The time must be supervised and logged.Then pass a 75 hour basic appraisal exam.Then you can become a licensed appraiser and allowed to do basic appraisals.

You are supervising your PM and if you don't know what their job is like or what the processes for screening and evicting tenants, getting rent increases, etc, how can you push your PM to do the same?

We ran a PM devision for 2 years at a loss...we have had our units in someone elses hands for 1 year, and that has not been perfect either.If I was buying close to 100 units at a time I would plan to hire an onsite PM, and have them work under my supervision...If you buy less than 80 units it becomes more difficult to have full time on site staff.

Then there are guys who will need more careful instructions and supervision but who will do a very good job for a much lower price.

The term "cash revenues" shall mean all income resulting from the operation of the property, including but not limited to all rents and other sums deposited including, parking fees, common area charges, percentage rents, operating expense, real estate tax, and insurance premium reimbursements, late charges, security deposit forfeitures, and insurance claims proceeds" 3 Construction Supervision: Agent shall be paid a fee of (10%) of the total costs of any and all Tenant Improvements, Repairs, or Renovations for coordinating, supervising, and contracting for such work on behalf of the Owner.4 If  Agent is successful in obtaining a real estate tax assessment reduction for the property or any part thereof, Owner agrees to pay Agent a fee equivalent to fifty percent (50%) of the first year's real estate tax expense savings realized by Owner as a result of such reduction.