The reality that neither view is realistic or probable.The best advice I can give would be to underwrite for long-term leases as that can be an acceptable exit strategy, but be prepared to execute well on your MTR strategy (great interior design along with profesisonal photos and concierge servive). 

When you start paying out money for management and staff you start hemorrhaging dollars.

On average the best efficiency one could realistically strive for is 200 doors per PM, so we are talking a couple dozen or so PM's on staff.

Like all businesses, having the right staff and the right processes will make the difference as to whether it runs smoothly or not.

Once they pay nonrefundable Holding Fee, we execute the lease.

This deal highlights our ability to execute fast transactions and maximize returns with minimal hold time, thanks to efficient teamwork and market insight.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

I'd personally rather stay at a hotel in BBL with daily service, cleaning and staff that I can talk to. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Consider hiring a property manager next time if not just because they have the tools and processes to reduce the risk of this and move quickly to execute on a problem.