Labor and material prices here are considerably cheaper than a lot of places, but I'm also lucky to have found a couple of good reliable "handymen" (a retired HVAC business owner, a carpenter who has extensive electrical experience, and a couple of not-so-bright guys who are surprisingly good at roofing but nothing else).

Even if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

@Nate ShieldsEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Top location selection criteria are:Pre-COVID rents and prices rose faster than inflation.

A select few really "get it" and are rock-stars of REI Agency (@James Wise is my super-hero in this aspect).     

@Jonathan BeaumontEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

If I had a management company, I would want them to be selective in their tenant placement.

So, the costs will be extensive and it will be challenging to predict which of the many things may need to be fixed/replaced before we can do a proper full renovation.       

With the additional cost you might only do select properties.

She's acutely aware of all the nuance regarding investment property selection in the various submarkets of SF.