I would highly encourage paying a GC to walk deals out the gate, have them give a scope of work so you can see what items costs.

Not many have vendor relationships that allow for no out of pocket cash outlays before enough improvements are made for a meaningful draw release. 

We do encourage doing your own due diligence even though we are providing all this info.

However, from what I’ve observed, it’s still not enough to produce meaningful cash flow.

Hi Kevin, I would encourage you to maybe consider outside of New York in the future. 

-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I would strongly encourage you to buy properties that cash flow or break even.

Let us know how it goes.I provide my screening criteria on my website, and I encourage applicants to screen themselves before applying so they don't waste my time, their time, or their money.

It’s awesome that you’re taking steps toward buying in an area you love and planning for the future—whether it’s as a second home or a long-term investment for your kids, this is a meaningful goal.

@Stacey OlsonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.