Remember that once you purchase the property you are paying debt service, property taxes, etc. before you are even shovel ready, and during.  

Rents have increased slowly (not a ton of growth there), but we do have cash flow of about $1000/month & its locked into a 3% fixed rate. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

To me the seller seems very knowledgeable and I would most likely benefit from working with her the first couple months in learning more about STR while we are “sharing” the Airbnb account.

To add insult to injury, every company I’ve asked for a quote based on the quote I got from the first vendor, wants me to pay another several hundred dollar service fee to come out and look at it themselves.

Then renovate, live there for 12 months and have much of your mortgage paid by the other units.

Part of this property is an Airbnb and has been for several months.

Hi everyone,I'm on the hunt for a service that can help me scale up my property evaluation process.

With a $60/mo HOA(external maintenance not included with the exception of fencing) and 6.5% interest rate, my monthly mortgage (with taxes, insurance, HOA, etc)  will be around 2600/mo.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.