Inspect what you expect.

Renovations were quite a bit more than we had expected due to more issues than we were aware of.

Renovations can cost more than you expect, add 10% to your overall number.

I had a heart-to-heart with the contractor and made it clear what our expectations were and no more money (he was asking for a second payment of a three payment contract) would come his way. 

Whether it’s market uncertainty, lack of time, or fear of taking the leap — now is the time to push past those barriers and start building wealth for the future!

.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

Sounds like a problem with setting expectations.

These are pretty much the replies I expected, but great to hear that I'm not the only one concerned with guest safety. 

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.