If the management company offers you the same knee jerk price that has been around for 50 years - keep looking - you will probably overpay. 4) Do they use a custom attorney approved lease agreement - or the Texas Association of Realtor lease agreement that has more holes in it than Swiss cheese?

As for my skill sets, I've worked mostly in customer service so I have great communication skills as well as skills selling, problem solving, critical thinking and math.

The most important key is the property/customer service are very important.  

My goal is to provide the best service to my tenants customers #1.

All expenses in all business get passed along to customers, including taxes.

Would a bank work out a deal with a customer that says "hey, we'll let you pay 5% down as long as you sell your condo on completion of your next home's renovations"?

Is it just marketing language to attract more customers?

I market to only 1 list- my custom built driving for dollars of distressed properties. this makes my list size smaller and more concentrated.

If you think of your clients and customers as your children......help them, listen to them, take care of them, teach them,  and know when it's time for some "tough love," it is a pretty easy business to succeed in and enjoy.  

So at least if what I am ripping out was a complete write-off I am at least getting it at a price that justifies ripping it out.Anyway, long story short, I pre-loaded the work, as is my custom, and by the beginning of 2015 I had a fully rehabbed and soon thereafter fully rented Duplex!