That trial period lets you see which method works best before scaling up.Moreover, the consistency and success of any agency largely depend on how well you follow up with your project manager and monitor the KPIs.

It’s the easiest way to get a feel for being a landlord without the stress of managing rehab projects.

I am going to manage it myself, so that will add another 180 to the take home, and yes, the 175 was after everything: management fee, capex reserve, projected maintenance expenses, and I assumed 93% rented (7% vacancy per year), etc.  

Curious, did you ever start your project? 

I bet that essentially no one is starting new construction projects, which bodes extremely well for owners 2-4 years from now.- Prices for insurance policies will never go back down, but it is not unreasonable to expect costs to rise at a more predictable pace from here.

Best of luck with your project!

While some lenders may offer it, these scenarios often require near-perfect alignment of high DSCR ratios (1.2x+), excellent credit, and property cash flow projections that are difficult to meet with this leverage.

Why make it a DIY project?  

Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.

At the end of the project I started asking different questions to my realtor, who I still use.