It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

An in-house attorney would focus on resolving issues efficiently rather than driving up fees with extra billable hours, which can happen with outside firms.That said, I’m questioning whether this is the best perspective.

Anyone extra cautious with these types of investments right now?  

Average person can't visualize how to fix it, but you can (create an extra bedroom for example)3.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

Who knows, when you get down here you may be happy you have some extra income coming in. 

We were able to pull all the Rehab cost back out and some extra to roll into our next property. 

They could even add the ADU for extra cash flow in the meantime, potentially increasing the future sale price of the property.Considerations for Adding an ADU: Rental Income Potential: In many areas, ADUs are highly desirable, especially in neighborhoods with high property values.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

I like https://quantmaps.com/ if you want to overlay some data.