One company specializes in iron and steel supports. they bring in at least 1000 workers to do it. another company specializes in installing all the electrical components. they hire around 250 electrical hands. they work in high places, 250' in the air or more.

What are some key components that should be discussing?

I would completely agree that if you cant afford to do the whole house, focus on the main components thoroughly and not bits and pieces spread throughout.

Everyone focuses heavily on the rehab costs but often overlook key components necessary to get a contract and close.

I guess the "human capital" component could be tied to any profession.

Oh, a couple of my turnkey properties in Atlanta, while doing fine now, can be the first ones to tell anyone that the bottom line numbers don't hold true if other components aren't there!

I worked in the auto industry for a couple of years (component parts manufacturing).

It also depends on what component of "vacancy rate" you are trying to really gauge.

KC  Indy  Northwest Indiana  parts of MS  GA AL are all pretty comparable in property taxs  but I would say that is one component.. if the purchase price to rents still work.. and you really like your team .. and or the particular asset.. then if it works it works I would not let property tax's be the ultimate driver...

We make our profits over the life of the lease the same as our Property Owner's and the longer we can keep our tenants happy and in our properties the more profitable the Lease is for both ourselves and the Property Owner so our goals are aligned and this makes for a good, almost partnership like environment.In my opinion, one of the most important components of a successful Property Management relationship is Communication.