The hot spots closer to the water will definitely run about $1,000 - $1,500 more than that.  

Hello Darius Howell Curtis Waters is a not only a realtor but an investor as well.

Hi, @Donald King, have you accounted for lawn care, snow removal, trash, water, shared utilities (like outside or hallway lighting)?

I know it is something I want to test the waters at.  

Currently owe on loan: $109,000Purchase price: $118,000ARV (based on comps and upgrades to the house): $135,000Mortgage: $830 (if refinanced $600)Average rent in the area: $1100Other fees: HOA $24, Water $45

Maybe our PM have bigger projects, maybe some of the investors want him and his team to do renovation so it is a bigger business for him, or maybe this is just the regular procedure, it is our first property and basically we are still learning about all of this, but the facts are that we are paying for the mortgage, electricity,water, somebody needs to cut the grass especially in this period of the year ( we don't even know is the grass cut or not) and so on.So I was trying to find out what is the normal period in which the professional PM is going to find tenants and rent the property?

Since you have the liberty to decide on the layout, consider the best placement for the appliances first and what they need for proper ducting, power, water and gas (if applicable).

If not, the cost of utilities you'd need to pay should be factored into your assumptions (it'd be surprising, for example, if heat and hot water were separate for all units).

As investors in competative markets, we have to find cost efficient ways to get the phone ringing.

I'm using the paid version, it's very efficient.