yeah, I forgot to mentioned that I used the BRRRR method on both of this properties.

I may just look to see how much a full plumbing job would be (hope full not multiple thousands of dollars) and once that’s repaired, stick with the house.

Is there any other method that I can use to accurately get property information to compare comps or do I just rely on the Real Estate Agents in my area to run accurate numbers for me? 

Good afternoon all. New investor here. Im sure this question has been asked a billion times however I wanted some input on what the process looked like when it comes to analyzing deals? What are some practical steps I...

You see, contractors have a precise mathematical formula on how they charge, and if you think a contractor’s fee is based on their level of expertise, the scope of the job, cost of materials, and or other factors that would make sense, well then, you’d be totally wrong on any one of those instances.Contractors have their method of pricing, and it’s all about you!

My reason for looking into hiring a person with management skills/experience versus handing over to a management company is that the customary method of compensation may not fit very well in my scenario, primarily because my rental rates tend to be well above market averages which will result in a higher dollar amount going to management expenses than would otherwise be the case.

Completely remodeled it, new roof, plumbing, electrical, ac ducts and units, windows.

Below are a list of items I ran into that hopefully you can skip:Bought a Frankenstein triplex (wires, plumbing, venting, all crossed multiple units) - Any time I had a repair it usually effected multiple units and drywall/paint/flooring had to be replaced.Utility Companies - I was charged $3k in one month for a sewer bill.

To reduce your risk of audit, you want to be sure the company you select uses the IRS' preferred method, engineering-based.

You mention that you are researching, what methods are you looking at?