Sounds a risky but I’m open to hear more if you have a good strategy for managing the risks👍🏼 

Filing applications and getting a preliminary approval has a lot of work going into it.

Having worked in a large corporation most of my career, the more analytics you throw at something, the more comfortable management feel about actually making a decision. 

I own a real estate & property management business in Racine and know the market like the back of my hand.

This is their reasoning:"Rental makes common area management, communication, and covenant enforcement more difficult, and it increases the resources needed to manage the community.

I have considered creating my own Property Management LLC to do the work above and hiring my dad as an employee, however, I was told this would provide no benefit in terms of liability and it would just add costs and more taxes.I would appreciate your feedback.

So I reached out to see what is going on and the manager I first talked to said, "the $550 is the eviction cost from the lawyer."

Although no major renovations were needed, our effective negotiation and rapid transaction management significantly increased the property's market value.

I'm thinking some kind of meet up for people investing in Louisville Westend.With all the developments in the neighborhood and city pouring money in there, thoughts on future of investing there.Which neighborhoods in Westend are you investing in, whats your exit strategy and are you self managing or PM.Happy to hear people's point of view.

Also it depends if you hire a company or if you are hiring a person and paying them hourly - the hourly cleaner will be cheaper, but there's more management involved on your side.I pay $120 per turn for a 2br condo.