The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.

I break even, but i actually lose money on management fees. if I managed it myself I wouldn't be losing money., Lessons learned?

Hey Robin, thanks it's actually a creative finance deal with some value add opportunity, so I'm really looking forward to learning a lot from this Nice - sounds like a cool way to start

What if I fix & flip instead of rent, can it pull actual sales comps and group by renovated and estimate the ARV?

And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

If there is one, and they did not take their interest with actual knowledge of the easement, then the new deed would need to be agreed to by that third party or would be subordinate to that prior interest.

Hey James,Ventura County actually has an Ojai Valley overlay area where STRs are also prohibited. 

My guess is that it won’t actually take you a lot more time, just the extra fees, but those should be accounted for in your profit calculations 

Hi,Entering my rental listing in the MLS and I want to get a more realistic available/start date. How much time should I realistically allot for application/background checks, walkthrough, paperwork return, deposit an...

Recommend you actually READ your management to see what it states about this (and everything else!)