My big question is what would you do with the money if you sold it?

Hello everyone.My property manager recently completed a make ready job that included this item "Full touch up paint and patch" for $1,550.

This will dictate the compensation they will have to pay the manager of the LLC when a property is sold.

I sold one rental condo on Dec 27, 2017 and sold another rental condo on Jan 30, 2018. 

I had a friend rent out his first house in the OC but sold it because tenants were a bust.

Some owners will want to know about every maintenance item that comes up as it does, some are OK with seeing it on monthly reports, some owners, typically long-term clients, trust your judgment and may only ask for details about this or that if the item is unexpected or unusual.- Yes- Quarterly would be slow; most PMs send these each month.- How you pay PM fees and structure, you have some discretion over.

If you want the Cash on Cash return = (annual cash flow)/(amount of cash spent to buy)The question is can you do better than your current returns if you sold the place and used the cash elsewhere?

The transfer would be less than 2 years after the 1031 exchange and a broker had told us that there is a 2 year look-back and so the DST investment can't be changed (not sold) to another owner within 2 years without invalidating the original 1031.

I told him once he got down to 180k let me know.House sat for months before he finally sold it for.......180k.  

Say the Monday after work has been completed the previous week and you can line item it or just have a list of things to be completed and if 3/4 is done then 3/4 is to be paid.