There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

I have a property in Bulverde, Texas that is five bedroom 2 1/2 bath plus a one bedroom apartment studio with a full bath connected.

Thank you,KVBelow are my answers to some of your questions that I feel qualified enough to answer and then some of my personal thoughts on where to go from here."

If you need any help running the numbers, feel free to reach out to me. 

I also feel $1,000 is a bit high to set up an LLC and QuickClaim a property.

We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

Feel free to download it here and reach out to me with any feedback: https://apps.apple.com/us/app/biggerpockets/id6736392302

But feel free to share more if you'd like.

I’d love to help, feel free to reach out if you want more advice/guidance.

So you hurt her feelings and she moves out.