If you try to manage your own rehab from afar you’ll most likely have cost overruns and delays, or just get ripped off.

Ripped the carpet and a lot of the baseboard out.

We've always purchased turn-key properties and are now thinking of buying a true fixer-upper at a lower cost and renovating (i.e. adding higher, architecturally interesting ceiling, ripping out walls, and designing a modern space, etc.). 

If you want to do it right in my opinion, rip the exterior walls and stud them with 2"x 3"s or 2" x 4"s.

The house had all the plumbing and some electrical cut, all the appliances ripped out, an elevator removed, and the roof stomped in.

More important thing to make sure you don't get ripped off is working out your draw schedule.

I'm usually all over PM rip-offs, but these don't seem high at all.

There are great PMs out there, but there are also jaded landlords who don't really give a rip about you, your tenants, your property or the $200 per month they get for managing your four plex.

P.m. was a rip off, they wound up dumping my.property bc they didnt have time.

In the case of a fire, would one of those vents be easy to rip out of the window and escape from?