Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.

There are so many options out there when it comes to joining a firm and online you can't get a real feel of what to expect.

Zachary, if I understand the requirements correctly(and it’s totally possible that I don’t) I believe I should meet the requirements of REPS easily with my activity in the home building company.

I have reviewed at least 50 properties online using Redfin, Zillow and off-market properties from wholesalers. 

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!

Most of the smaller, locally owned companies have terrible online reviews.

Vacasa coordinates the cleaning as part of their management service but the cleaning costs are passed along to the guests.It's total speculation but I think the McQueeny property does better since it is closer to the more populated areas.

Total cost?

A traditional sole ownership property will cost you approximately 5% of the total value of the property to sell based on fees we are all used to paying (and you are paying all of that out of your equity, regardless of how much debt is on the property, and without a return of capital clause).Again, simplify your analysis to a strict understanding of the property level analysis inside the portfolio - something you've likely been doing on your investments to date.

If you do some digging online, you will be able to find some inexpensive remote controllers that connect via CAT5e.