Home Inspection Costs: The costs associated with a home inspection for a rental property are typically considered part of the cost of acquiring the property.

Investors don't want to pay a good PMC enough to do this.So, if you find a PMC willing to manage your Class D rentals, they will typically either be:1) Incompetent and/or new with no idea what they are doing.

A typical strategy will take closer to 10-15 years.

They just might not be licensed, might not be ethical, usually don’t answer to a broker or a regulatory body (unless they are licensed) and use a different sales process where the EM typically goes hard earlier in the transaction and the buyer is on their own with fewer contingencies and less time to do their due diligence.

Often times you might want a more detailed analysis which I typically do in a spread sheet.

Typically they need to do one or two deals a month just to breakeven from their marketing expenses.

I expect the property to appraise for 300k after renovations.After renovations, I plan to find a roommate and rent one room for $800 a month and split utilities or $900 flat.

Specifically, do you stipulate rent is due on the typical 1st of the month?

I provided them the virtual address ( same as my registered agent) and they wanted to see utility bill in my name for that address.Thanks for your prompt response and help!

Typically, they track down heirs to properties that are owned outright but split between many family members that may or may not communicate with each other or even know the FMV for their portion.