Closing costs here may be higher and the lender fee is about $500 more than others. 3.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

As a broker, I have lenders that will extend the rate with no penalty at times, somes that charge per day with increasing per day costs for multiple locks, some that won't let you relock at all....

I had given them the cost segregation studies for both properties that were provided to me but they didn't use them. 

When the condo costs $115k, we don't have to make much to make a profit.

There are lots of opportunity to make mistakes in how you manage and some can be costly.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Factor it in to your costs.3.

Once you depreciate a property one way, I don't think you can make changes once the ball is rolling ... especially if you cost seg and bonus depreciate.

It is also a good idea and a small cost compared to the overall project.