Finally, I schedule a walk-through with the tenant during the first 7-10 days of ownership so I can document the condition with pictures, talk to the tenant about maintenance issues, or project improvements during the next turnover.

I will be notifying the property manager soon (according to our contract guidelines) that he will no longer be managing my properties-- he does not do any property inspections and does not manage the move out process well resulting in deterioration of my properties' condition and extra expenses and headaches for me .

Depending on your turnover and condition of the physical property, I'd see up to 6% plus a percentage of repairs.

I agree with @John Mendez Definitely a time to speak with your broker about what you want to do to see if they are OK with it or if they have conditions you need to operate under.

So we couldn’t rule out any theories… Regarding the flow, it is pretty consistent, and seems to hold constant regardless of outside weather conditions.

When looking at towns in West Palm, North Palm, Palm Beach Gardens, Jupiter and Tequesta, it seems that any house in decent condition is getting 4-5 offers.

Take any repair estimates with you to the protest such as Roof Repair, Mold damage, Foundation repairs etc , and request a Property value reduction due to the condition of the property.   

They are in reasonable condition, cash flow well and have had a stable tenant base for a decade.

The only issue at that point would be condition including the roof, HVAC, plumbing, out dated electrical box, etc.

@Kallie Cornett, what is the age and condition of the major items in the house?