In terms of whether to self-manage or hire out management - that's really a question that depends on you.

Many think all PMCs do the same things, the same way, so chase the lowest price to the detriment of all else.Search here on BP for the horror story posts of dealing with bad PMCs and how they can run even the best properties into the ground.Then, ask yourself your question again:)

If I proceed with adding one unit, around 1500 sqft, the construction and approval costs may amount to approximately $450K, which would bring the total property value to around $1.35 million.Given that some three-unit properties in Canton have sold for less than $1 million in the last two years, I'm uncertain whether adding this one unit and renting it out would be a wise investment.My questions are:Is adding a single unit worth the investment considering the current market trends in Canton, MA?

@Jay HurstThese questions came after I analyzed the closing documents for my two recent purchases, one cash and one with mortgage.

Please drop your questions or comments below.

So my question is why doesn't that drive the commissions down? 

My question is, is negotiating a security deposit common and is that a risk I should be ok to take?

I have a question regarding 1031 property exchange.

Happy to connect and send over my real estate attorneys and they can better help with this question. 

Hey @Michael Lightwood - it's a loaded question but I don't think there really is a "good" time to be buying.