.- Your agent's marketing materials need to emphasize "Freshly/Professionally renovated - move in ready."

What people fail to mention is real estate markets are fairly efficient, which means the purchase price to rent ratio is largely dependent on expectations of appreciation, and those expectations are “baked into” home prices

One thing that I'm struggling with is the 15% baked in for the property manager even though there's a GC on it.

Hey y’all!  I’m painting bedroom doors on a property, rookie DIY, and after painting, the paint is peeling with the slightest brushing of a tool or finger nail. This is after 24 hours of drying and using bonded primer...

Fresh pain, countertops and carpeting, and laminate in all four apartments as well.

I do more rehabs and usually pass up the rentals, but I get a lot of leads.Thanks,KateHello Kate, I am starting out fresh with REI and based on the various options i have researched so far, I feel that passively managing rentals would be what I would be interested in.

This is mainly because they have a direct feed from 98% of the 3150 (approximately) counties in the United States.What I find so great about this data too is that it's incredibly fresh, and CoreLogic even tells you how old it is before you pull the data.

I baked in a market drop but if it slides too much before I can sell and I can’t refinance out to a longer term loan that I can cover with market rents (currently possible) I’ll be in trouble.

My personal take is that rental arbitrage doesn't work for most people because the research needed to find quality opportunities is half baked, whether it's comps not being analyzed thoroughly enough, liability/insurance/contracts not being properly assessed, risks not taken to full account/assuming best case scenario will be the only scenario, and due diligence not taken seriously enough.

Or baking it into the nightly rate and/or cleaning fee?