If your PM is out renting your unit or cordianting turn over or make ready they need to be given some time to respond.. and most now have pretty robust on line systems that owners can just pop on line and see expenses etc.. and probably notes that PM leaves in the system. 

How can these cost-estimation principles be leveraged to create a more robust financial model for long-term rental property investments, considering factors like ongoing maintenance, capital expenditures, and market fluctuations over time?

Charleston has a very robust investor community.

Robust remote management tools and a dependable local personnel are frequently necessary.3.

Other benefits: Located in a growing area, and have a full bar Liquor License and a bar that is currently not occupied (A lot of potential there to sell alcohol). 

Unfortunately, like most things, if your first foray into anything new goes poorly, you are likely to label everything about that thing as bad.But back to your REIT comments: while I do acknowledge both the strengths (generally more robust companies, highly liquid, lower risk investments and overall structure), there are some trade-offs.  

With its strategic location, robust economy, and diverse industries, Mobile offers a promising landscape for investors seeking opportunities in commercial properties.**1.

We ended up having to do quite a bit of grinding and leveling and are still outside the flooring manufacturer's specs for flatness - would have been a huge investment to get there, so we just ended up getting it good enough so that we don't notice any obvious dips or bumps and praying that the flooring will be robust to the remaining issues.

With seemingly robust GDP numbers, it might seem like the US economy is firing on all cylinders.

When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.