Until you learn to estimate yourself, based on your local costs, any estimate will probably be off.

Real estate laws are local to the state where the property is located.

Do what you need to do to get in compliance w/ local laws to serve as a property manager.

., if I’m dealing with someone in, say, Chicago or Austin, I know precisely which local operators are closing quickly and which boutique lenders are staying nimble.

Is that a national guideline or is that just more local bank conservative standards? 

I added a new software platform, got rid of all abandoned vehicles, raised rents, seal-coated and striped parking lot, took out loads and loads of trash, got the phone number working and started marketing to local community groups.

The Raymond St deal came through local market research and networking.

My friend said his client nearly bailed when she found unexpected wiring issues behind the kitchen walls..apparantly the seller hadn’t touched that electrical since the Reagan era..but with a patient electrician who understood the local code and a carpenter who improvised a shelving trick in the diningrom, they ended up selling above asking.Flipping and building can get tricky, especially once you start thinking bigger.

If you build a good relationship with a local realtor, they can assist.

Reach out to a few and see who you like.You can also ask members of your local real estate investors association for real estate accountant recommendations.Good luck.