I’d like to get the community’s thoughts on this, especially in light of all the syndications that are happening.  

I am a newly minted broker myself (Q1 2024) and can shed some light.

Similarly, do you set an hourly rate for light maintenance performed by the PM? 

I personally like House-hacking as primary choice in this market, followed by a light rehab BRRR, lastly would be flip or long term hold (unless you got a smoking deal!) 

That should be your guiding light ..

This year, between tenants, I will be replacing the carpet with vinyl flooring, updating the bathroom vanity/lighting/mirror, and some other small updates such as changing out light fixtures, and faucets, and switching the old blinds from fresh curtains.

Luckily its only a mile away and a short drive with no street lights or traffic. 

Some cases we are doing light renovations such as adding new kitchen cabinets and granite countertops.

@Benjamin SulkaThis one was mostly cosmetic: paint, carpet/floors, light fixtures, trim, landscape clean up, rodent remediation, bathroom vanities in the 1/2 baths, and some of the windows.Rehabbed one unit at the time aside from the windows.

I chose light colors to open it up more..