We waited to get good tenants (about a month of going through applications) and the tenants we chose just moved in a few weeks ago.

The two PM companies are using Appfolio software and I have heard the bookkeeping features are pretty good, as long as they are good at inputing and using the tools.

The permit application for landlords would include a completed self-inspection checklist certifying that the unit complies with the standards in the ordinance (including energy efficiency standards for attic insulation and attic access and efficient shower heads, faucet aerators, and toilets), documentation of maintenance of the HVAC system, and payment of a fee, which will start at around $70 per year.

Any questions go ahead and send an email - We use a great software for running numbers to we can be pretty confident in our bidding.

So what you're saying is I should expect an uptick in Bay Area cash out refinance applications that will translate into tomorrow's Austin cash buyers?

@Stephen Brown Seriously not worth chasing this deal; using basic software tools or even a trip to the records office can give you an idea of what the balance is.

Check into fair housing - it's my understanding that you have to screen every applicant in the same manner.

If we assume that equal application of inflation, and we're JUST looking at inflation, stocks come out ahead (There are real life reasons why real estate might [& often does] come out ahead of stocks, we're JUST looking at inflation here, with a very simplified model).

If your PM doesnt let you have final approval of tenants then its easy to put the first applicant in an over priced property.

If so, what do these usually cost (per applicant?