I would consider getting out of property management and getting into cleaning IF you think they are doing better than you . 

Because Airbnb only makes money when the guest books on Airbnb.Hence, they want the price to be cheapest on their platform, so people book on Airbnb instead of elsewhere, and want their properties to be able to compete with hotel prices (even after cleaning fee and service fees). 

The timeline is years for clean up and decades for reconstruction and recovery.

The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.

Start with one that might need some clean up and go from there.

Such as accounting clean-ups, KPI analysis, etc.Gianma - happy to hearHello @Matt Bontrager I currently have a tax file open with your company.

Stainless steel appliances, cleaning service every other week and I am johnny on the spot with repairs.As a result my vacancies are not that bad even with a model designed to be somewhat transitory. 

My tenants are responsible for maintaining a clean property and for any requested pest control services.

I ASSUME you’re talking $400+ in extra expenses for providing water, power, sewer, gas, internet, communal area cleaning, and exterior maintenance.

Let's now discuss taking on new construction for your first time around.The spread between value and cost is quite healthy, but are there transactions recently supporting this price?