Good afternoon, I am helping my in-laws with finding a place to rent in NYC (Chelsea / Greenwich Village area/ Upper West side).

I want to make sure my property is getting managed well and everything is taken care of such that I minimize vacancy and other tenant issues that would add additional cost and headache, but I haven't ever heard about PM fees being this high.

Hi Stephanie,You may find it useful to get someone who practices in the space every couple of years and especially after a big law change (i.e. 2025 or 2026 tax year after the TCJA expires).

A common issue in the smokies log cabins is no caulking at the outside base of the tub/shower and along the bathroom base boards.

And it would be your SDIRA issuing checks, not you. 

Typical issues that will cause friction: rent not being at market rate, how/when to do updates and repairs, late payments/missed payments, and plenty of other potential pitfalls.

While the issue on hand was resolved we did stack up a good over 9K in expenses. 

Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.

You always want the city on your side (or as close to it as possible) to foreclose future issue and that starts with finding out the how on your own before bringing an expeditor to smooth the process.

So, simply delaying closing a few weeks eliminates the issue entirely.