Hey everyone, I’m working on a platform concept called RentKeep that focuses on providing property intelligence to help property managers make data-driven decisions to increase their NOI.

Michigan is another great state to buy REI because the prices are still so low same in Indiana and Ohio. 

I live in Miami but invest in Birmingham, AL, so I completely understand the appeal of lower prices and less competition.That said, OOS investing isn’t for the faint of heart.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Note that most all lead inspectors will do dust swipes (Lead Safe tests), but not all have the equipment required to do Lead Free testing so be sure you're specific in what you ask for. 

Timing can be crucial, so getting advice from those with experience in Tampa can be beneficial.

I would think most landlords, who choose to be landlords in very Tenant friendly San Francisco, would pony up the 5.2% knowing that the rate has gone up and down throughout time, unless they want to run the risk of their tenant's finding out and called out as being a bad landlord, being taken on by the very helpful San Francisco Tenants Union or taken to Small Claims Court.Maybe there is a silver lining in California's recent change in security deposits that limit it to one months rent when it used to be up to 2 month's rent for unfurnished units and up to 3x for furnished units.By the way, I took a look at your Company, https://www.getwhale.co/  Since your firm is only offering 4.2%, were you trying to market in San Fran before discovering the Rent Board rate?

I came across a loan program called Renofi that will lend you a based on the future value of your home after rehab.

@Allen Moore I really enjoy section 8 or as we call them in NYC programs. 

The main reason is labor, and the cost to live around this area is not cheap, so skilled labor demands high wages and benefits.