If you want to put more brain power into it and potentially make more money I think closer to downtown could be a good fit.

To caveat this, make sure you have strong conviction on the rent, and your ability to absorb potential rental drops.Let me know if you have any questions.

I'm sure they price the product is based on the potential returns if an investor works the program diligently.

It allows investors to buy shares of high-value assets like real estate or luxury items without full ownership.Advantages of fractional ownership:Diversification: Spread your risk by owning fractions of various assets.Accessibility: High-value assets become accessible to more investors.Passive Income: Earn without actively managing the asset.Professional Management: Management companies handle maintenance and administration.Appreciation Potential: Assets can increase in value over time.

Their fees should get assessed back to the unit.If the CCR/Bylaws permit you to fine the unit owners I would send a letter stating, the board has voted to assess a $25 penalty per day beginning April 23, 2023 and continuing every day until proof of insurance is received.

It also drastically interferes with the ability of property owners to screen potential residents.As I’ve said, tenant screening is the most important thing a property manager does.

@Chris Lo not an issue unless deteriorating, which potential exposes people to the fibers and is thus a health hazard.Even then, all you have to do is properly encapsulate it, usually with paint and then put siding over it.What cities are you looking in?

I've had several "potential" tenants, I've sent the application invitation to, none have filled out the application. 

Did nothing for 3 months straight but sit at this computer looking at potential on market deals and crunching numbers! 

How do you assess the overall investment climate for multi-family properties at present, considering factors such as interest rates, economic indicators, and housing supply dynamics?