Anything over that could mean that the property is overstaffed, or it could mean that management is delivering a very high level of service such as in a luxury property that has a doorman and all sorts of staff that you don't typically see in garden style apartments.

We'll eek out a 10% cash on cash but will convert a half bath to a full bath to increase the value substantially.

I would honestly call three HVAC people to come take a look at it and give you some answers along with pricing.

-typically an agent and a PM will not oversee a major rehab. 

But might help others avoid this pitfall…when a mortgage is transferred between banks, I’m learning they don’t record a lien release with the county. 

Maybe it's down for a minute?

@Rachel Chioreanu unless your project is an apartment building or Class A SFR, a GC is usually a waste of money.What you probably really need is a Project Manager from a GREAT property management company.What's the scope of your project?

Yes, unlikely, but there is a chance to collect. - They have a working relationship with the court personnel, which always helps. - They know the process cold, so shouldn't make a newbie errors. - They are arms-length. 

Hello everyone, I am very excited to become a part of the real estate community.

Specifically, a team member of his wrote, "You are required to issue 1099s to contractors you pay over $600 in a year.