I rehabbed and current value is over $600k greater than purchase and rehab costs.

Thank youBest,SathishkumarI would potentially try starting out being a cohost in that local area or work for a cohost company .

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

What does it cost to buy a laundromat?

If you have high holding costs (financing, taxes, insurance, utilities, etc.) the longer you are holding the less money that you are makingSelling profitably - How long will it take to sell?

Look, we’d all like to search the internet, find a deal for sale, analyze the property as having a great cash flow at current interest rates, with lots of upside potential in a gentrifying market.  

Communicating timelines and expectations upfront can help prevent losing good prospects to other properties.I'd say it's a potential red flag if they want to sign the lease without viewing it.

If you need 10 minimum and have to hold those non-paying tenants until you get 10, what does that cost you in your financial model?

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.