Since rent range is pulling from property managers the data is cleaner, because so many self managed property investors market their property way too expensive and they will never get that rent, it is just hopes and dreams.

Looking to connect with fellow investors, developers, and professionals who are interested in leveraging design to maximize their real estate ventures. 

Hi @Konstantinos Lembesis When Settling on a market develop some metrics that you can not only measure the market you are interested in but others that you havn't considered yet. 

For the community development dept, you'll need proper plans (architect), site survey, permits, etc. when you're ready. 

Develop your negotiation skills so you can secure better pricing, seller financing, or terms that increase your bottom line.

@Mark Cruse  We've owned condo units in a development where the first build units included heat and hot water in the condo fee, among other charges. 

It's a big decision to self-manage.

Why did you decide to self-manage this time instead of giving it to your property manager? 

A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

Hello everyone, my name is Max. I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field. Excited to learn and grow together.