I don't think I cam with this project but definitely think about it for future ones.

Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income.

All in with cam say 350,000.

@Michael O'Brien I have Nest Cam's with their subscription, one in the backyard at each house.

Are there CAM reimbursements?

@Cam Porter The market is what the market is. 

@Cam Harris  I read the article and it's an interesting strategy to enlist the drivers as bird dogs.

AVERAGE DAY IN THE LIFE - tenant maintenance requests, vendor management, project/construction oversight, bid gathering, tenant moves, financial reporting, budget tracking, rent collection, tenant/vendor networking.BIGGEST CHALLENGE(S) - problem tenants (consistent unwarranted complaints), CAM calculations, Property Manager (employee) turnover - our market has a lot of PMs seeing if the grass is greener on the side.CHANGES NEEDED IN THE INDUSTRY -  proprietary equipment needs eliminated, To follow up on what others have mentioned regarding lowest return - after working a W2 for 3 years in the commerial property management field, I'll be launching my own commerical property management company in a couple weeks with a portfolio of ~$1M in gross receipts (83k sq. ft).

(I own a good sice portfolio and we are leveraged with a very healthy equity share.)A stress test for your portfolio is basically a set of distressing circumstances, like a worst case scenario and then you look at your bottom line.What happens if:- you loose 30% of your tenants- rental rates soften- your competition starts giving out free rent- your adjustable rate financing kicks in- your annual capex spikes (well, this should not come as a surprise)- etcNow you don't look at this statically and say okay now I cam cash flow negative.

@Cam Schumacher I currently have my MF in New Mexico.