On the list I can see that the delinquent taxes are ranging from a few cents and up to about $6k (only 1 person this high), I am new to this but I imagine that these are tiny numbers as compared to what some of you see, I just happen to live in a very small county in middle TN.

These are two different strategies with very different risk and reward profiles.Both strategies can be successfully done.

My HOA is going through a similar process of comparing vendors right now.

With all current comparable of 2/1 in the area with same sqft is around $385k-$400k, I converted to 3/2 with permits our contractor and I ran into many challenges with the city inspection and also tried to stay within budget.

This area is tricky as there are several spots where the demand is high, but the pricing is just too inflated when compared to other areas.

Also the properties sell for less than half compared to the “ good “ side of town .

Big Money isn't always right, but it does influence economic activity and markets.When I investigate a dividend-paying stock (including a REIT), I compare its current yield to its average long-term yield to get an idea of its price relative to its dividend.

@Sarah Torres I found BP on a google search when I was comparing flooring methods for return value.

Easy access and walking to a nice downtown.Units: 4 - 2bd/1ba Utilities- All electricAsking Price; $300KCurrent Taxes: $8100Utilities: $275 per month Insurance: $200 per monthAverage Annual Costs Including withdrawals for self-managing fee, Taxes/Insurance and Utilities- $26k per yearCurrent Rent: 3 Units $850, 1Unit- $800 per unit (tenant pays electric)Comparable local units for 2br - $900-975All questions and comments are welcome.Thanks in advance!

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.