If you are interested in Detroit, Ali Boone is a good resource, she does turnkey there and does Detroit investor bus tours.

The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.

Be ready to go tour/put in offer as soon as these types of properties hit the market. 

I also DM you to meet tomorrow if you would like or Monday that we will be touring properties with my business partner in BR to talk about real estate and the return criteria in the area. 

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

Other higher fees will cover that “savings” and they’ re title policies exempt a lot of potential liens (code violations, utilities, etc. that are not recorded liens at the time of closing but Do become tour responsibility.

What is typcially the busiest day of the week and of the month for onsite large multifamily property manager.I'm guessing early in the month 2nd-3rd when rent checks are coming in or starting to deal with collections.Maybe Mondays to start dealing with weekend applications, tours, leases?

Totally agree  to me the risk of getting a bummer after flying all the way from the west coast to Paris or anywhere across a pond is simply not worth it other than maybe a wine tour group to Tuscany etc..

It's interesting that many of these VC-backed PMC's, despite having 10k+ properties under management, aren't doing well financially - one of them just merged with another industry-related company also not doing well.Just for fun, here's a partial list of PMC expenses that owners pretend don't exist:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why something is taking so long, and more & more & more...OBSERVATION: many owners only want to pay a flat fee or 50% of a month of rent as a leasing fee - without realizing the repercussions. 

The culminating event was when my PM said they wanted a concealed carry to tour my rental with me.