1 handiman type person sounds reasonable, assuming that individual would be responsible for general lawn maintenance (grass cutting), general cleaning of hallways, etc. and everyday minor maintenance problems.In addition I would expect a PM to cost around $28K/yr. and assuming reserves mean Capital Expense Fund, again I would estimate at about $28K a year.I would definitely contract someone to fully evaluate the rehab costs and check with a couple of PM companies to get their ideas and costs.

If they fail to pay then you move forward with eviction on the basis of being short rent.

Another ex-tenant, has a full time job, does a lot of shopping on eBay, he has half a dozen packages for UPS every day.

I don't have time to demo all the systems so I figured I would reach out to the group that would know :)My requirements are basically this:MUST HAVES:-- Ability to do multiple companies (LLC's in my case)-- Ability to track depreciation and do depreciation re-capture-- Ability to track purchase and sell and put items in the right area (expense vs balance sheet items vs adjusted basis items, etc)-- Ability to manage all kinds of Residential properties (SFR's through Apartments.

PROS post there deals on here every day and get told how stupid of a deal it is if the numbers don't add up.

It'll be harder for you with the lifestyle (away from shore you can't use the credit card at Starbucks every day, right?)

They also have a space to buy groceries, Pampers, everyday items for living.

If you're comparing turn key investing to buy-fix-and-hold then you *might* be able to acquire a property with a lower cost basis, but you take on more risk, and longer timelines in the hope of getting a lower price.

Against the most pros advice, I am out of state but very well researched and covering PM basis.

I have actually been personally purchasing hundreds of SFR properties nationwide from hedge funds and servicers on a monthly basis over the past 9 months or so.