Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

You will need probably 20% of total cost (Not including financing costs. 80% LTC) as the down payment.

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

run the numbers including holding costs and you will see why.

I also included some instructions to help. 

It indirectly impacts the credit score, which would be included in either metric.

You should be able to do a pretty decent update with $50k (purchase price not included).

if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service. 

BP doesn't allow any form of marketing in the open forums, which includes your business or services.

I have spreadsheets filled with material lists for every phase of the build that includes pricing for materials as well as labor, and sources that I use for them.