I do not know about your area but in the markets that I operate it is crowded and people tend to drive prices up.

I tend to have a one time courtesy waiving of one fee per lease term.

That said, for most serial investors (those who tend to reinvest their capital ongoing), I agree the distinction isn't very significant.

Zillow tends to show solds for the past couple years, and in this changing market, three month is preferable but six month is not bad, for most areas.

If you have a history of keeping up your occupancy certificates, paperwork tends to breeze through the red tape.From a finance perspective it works the same way as a SFH or duplex.

Those terms you list I would feel guilty charging, $65 an hour for a maintenance tech being paid $10-$15 hour is way to much.People tend to throw around the word "contractor" to much.

Hard money tends to want to move quickly.

If they are found to be negligent I would think that hitting their bottom line would do more good than throwing someone in jail because they processed paperwork improperly.I tend to also think that the bulk of the problem is doing so many foreclosures with so few resources.

I agree with Jon, those prospective tenant that fill out an application on the spot tend to be the ones that are sincerely interested.

With only one thermostat (in the upper unit), controlling the heat between the untis becomes an excercise in adjusting the valves on each of the radiators.The tenants in these older duplexes tend to be low income, and in reality, are not financially able to handle the WI winter heating bills on their own.