Another option is to split the cost based on the number of occupants in each unit but this also means you'll need to adjust the charges as tenants move in/out, so it requires more work and I wouldn't recommend it.

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

So they used the actual rented data of these companies to compare what rentals should go for in your market.

I would love to know more about your journey so far. 

So we are not unicorns, we exist!

But my sofa has a medium gray fabric that wipes off pretty well with a wet microfiber cloth, and dogs have not stained it or even gotten it very dirty so far.

So no Board, nothing to manage except State law...the organization docs for the HOA should have identified when the developer maintained control, the terms for it to be turned over and at turnover you would establish a legislative body which would be the Board...

We primarily focus on residential multi-family and so far we have stayed in the Western Mass area.

I also assume you’re investing in an area with increasing rents so look at 3-5 years out with increased rents an it better cashflow well if rent isn’t stagnant. 

So another questions about insurance.