Your new ARV(after repair value) should be supported by an adequate amount of comparable sales in the area(duplex's).

Here's what we require to do a Payment Plan:1) Tenant MUST put in writing specific payment dates & amounts2) Tenant MUST provide us acceptable proof of income to support Payment Plan3) We put their proposed payments into a spreadsheet that includes their current past due balance and future rent payments--- Many tenants only focus on their past due balance and forget about future payments!

You make $7K on the $175K property or $40K on the $1M property. 

Click on the magnifying glass in upper right.

In fact, the median sales price of a single-family home in the Austin metro is about 39% higher than it was at the start of 2020.

One notable example is the closure of Price Chopper on Cambridge Street at the end of January.

I live in New York and majority of the inventory on Long Island is too expensive for even renting. 

@Chris LauerRecommend 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.

They were 100% right...but called it on the wrong asset so far. 

Quote from @Ashley Westerfeldt: Hi everyone, we are working on a deal that currently has an underground, salt water pool outside as well as an indoor hot tub.