However this last tenant left our unit in a very damaged and extremely filthy state that took considerable work to remedy (which was a surprise because they had been pretty responsible until this event). 

I prefer a PM that charges a flat fee, but many seem to charge a percentage of the rent.In addition to how much, I'd ask the PM how long it takes them to find a tenant and when they start advertising. 

This number accounts for the return if you sell in 5 years and allows me to compare various investment properties against each other on a long time horizon.

How long will the project take?

Hi Steve, long time no converse here on BP. 

This proactive approach can make all the difference in guest satisfaction.4) Flexibility: The vacation rental business can be unpredictable, with last-minute bookings or changes.

It sat for a couple of weeks which is a long time in Denver, but interest rates were still low, so I went in at list price and wrote $5,000 in concessions into the offer to cover the majority of my closing costs, and I pocketed the buyer agent commission as well.

I mean it stands to reason it will not get worse, as these interest rate cycles tend to take a long time, and some places already advertising under 5 something rates.   

Hello Friends,How long someone has to wait to rent primary home after purchase. 

Friday, Feb. 14, 2025 Caveats/Considerations before applying:Time involved: These projects have long lead times between review, approval, and reimbursement.