I am looking specifically for someone who is excellent at carefully monitoring and toggling pricing with the goal of keeping the Unit as occupied as is possible.I do have access to a few excellent cleaning crews and so I can take that on, but am also open to full service companies who have cleaning in house.I will also consider "small footprint" operations with good references and proven expertise.Thank you,John

Whether that’s sharing insights from my journey or supporting you in yours, I’m here for it.Thanks for reading.

I really don't care about the elderly passing away naturally in a house, even if I live in that house.

From what I've read, insurance is a bit more complex than costs to rebuild, when it comes to multi-family.

Care to share the beds / bath / sq ft?

@Kevin Sobilo I'm about to start reading How to Estimate Rehab Costs, so hopefully after that I can attempt to do my own estimates with confidence levels like you do.

Hello All,I have been listening to the BP Podcasts for quite some time now and have read a few books about Real Estate Investing, but I think I am finally ready to jump into Real Estate Investing.

I agree with @Michael Baum and @Sarah KensingerWhat you will gain on name recognition from the big company name will be lost by people fearing that a big name company is unable to care for their property as a smaller company can.The loss of marketing and accounting systems can be replaced by hiring a company like Vintory and a Bookkeeper through a CPA. 

Because what I mean by those "unexpected repairs" is that I simply set aside a set amount of the gross rental income each month as sort of a safety net aka just incase money for things such as a leaking pipe that I didn't know was going to happen before it happened thus it was "unexpected"So... technically I can't take out that 1% because that's just my own safety net savings I set aside but from that savings if something does happen that year and I have to make a repair that does end up as an "operating expense" since I have now spent that money and not just set it aside like with the unexpected repairs moneyHope this isn't too confusing to understand but now that I am reading over this I think I have answered my own question :D

If you change it you may want to have an attorney look at your changes.I use zillow or apartments.com to accept applications, both offer services to run credit and do background checks.For screening you need to set your criteria before you start advertising.I recommend reading a book on landlording, my favorite is "Landlording on Autopilot".