Will you be managing this yourself or with a local company?

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

New Jersey property management is pretty bad overall.

Looking back on your earlier projects, what were the biggest mistakes or lessons learned in securing funding or managing build costs?

Try interviewing at least three managers.1.

We specialize in short-term rental investments through our integrated real estate, mortgage, and property management services, delivering expertise at every stage of the process.

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

These two are most likely on the opposite end of the spectrum and rent to different clientele, but from a property manager standpoint, how do these two properties fare and how much work do you think would be in managing the 5 condos?

Many of the problems I hear on this forum and in personal messages to me from other investors can be solved through more frequent and detailed communication.I have multiple emails to the construction project manager asking for an estimated completion date that have gone unresponded.

Thus easy to manage and low Capex expenditures.     10.