My post was more along the lines of things that might not be so obvious other than 50% for expenses, and check mechanicals for serviceable age remaining.

Then on the same day, I opened a marketing mailer from the company congratulating me on a recent purchase I made in Memphis and inviting me to use their property management services. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

I do not view PM's as a needed service, I see them as strategic partners and use them that way.

If you're in SA or have time to get down here, you may get better/quicker results going to the Development Services Building (1901 S.

If you believe you are offering a valuable service to society and should receive acknowledgement for that service you better shake your head, you are wrong.

In 9/10 cases the lender will require a certain DSCR or "Debt Service Coverage Ratio" to be met.  

It was not an easy one, since we are in CA and the property is in OH, but we made it through and are looking to take on our next project.Bought: $79,900Initial budget: $65,000Real budget: $97,000 (mismanaged project by initial contractor (and second contractor))ARV: $219,900Improvements:Brand new siding on the second floor (was not in the initial budget)New roof (was not in the initial budget)Sealed and painted the basement - was quite creepy down there beforeOpened the floor plan from the living to the kitchen by widening an existing walkwayMoved the kitchen from one side of the house to the other to capitalize on the stained glass windowsGutted the upstairs bathroom and added really good looking featuresAdded a half bathroom and laundry room downstairs by the entry to the backyardNew ACNew plumbingNew electricOur contractor performed extremely poorly on this job, and I am happy to share a cautious word with anyone who aims to invest in Cincinnati about the team at Kaiker Development and Creative Customs Carpentry.

I have some experience, having knocked down a drive through location and replaced it with a national food service company in a nice town and then also purchasing a historic bank building and leasing it out as office space. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.