Fresh paint job, carpets cleaned and minor stuff to get it ready for market.

It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

I'm not in total disagreement about your maintenance estimate. 8% isn't horrible for a freshly rehabbed property.

My name is Chris, and after reading the fantastic Ultimate Beginners Guide on this site, I figured now would be a great time to hit the forums.I'm 26 and fresh out of college, and I have been researching REI for several months now.

You have to train your tenants anyway, so you might as well start with some fresh youngin(s).

Since I am 23 years old living in Silicon Valley, I feel compelled to pick a fresh name that stands apart from traditional names.

I have a bachelors in Construction Management, followed by an MBA, topped with a freshly printed Real Estate license. 

Be nice to view it with a fresh outlook with some life experience.I am going to read the rental property book as well...but I have been getting a chuckle out of the podcast when guests are asked and rich dad keeps coming up.

You don't know what you don't know, so as you can guess, I now have a nice relatively expensive house in Massachusetts that will negative cash flow when I leave.... unless I can somehow get someone to overpay (obviously not wanting to do that to someone) It was move in/rentable condition when I bought it, fresh paint and all.

However, this wound is still fresh.