Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.

Low Risk: TDAs are insulated from market volatility, offering peace of mind.4.

Hopefully this gives you some light at the end of the tunnel. 

Now all taxes are based on a super low rate you can’t fight. 

say you find a solid property in a low cost market for $200K and you buy it.between down payment, closing costs, rent ready / spruce up costs, and lease-up costs, you're probably going to need at least 50-65K in cash. 

I was initially drawn in by the low fee, which has since fluctuated, but may still be the lowest out there.

It’s just more than I can afford, and I don’t want to offend you with a low offer.”

Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.

Also the hit rate per property is really low.

Low risk investments sell at a premium, that's the whole idea of cap rates.