How are you analyzing the properties you acquire?

That makes the investing and property management a LOT easier.  

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...

Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.

When I purchased my property, I had read all the exciting developments in the works...indoor waterpark, shops, new hotels, restaurants, etc., but was severely disappointed when I went recently with my family. 

Property has three commercial fronts and 3 apartments.

My question is around property insurance and specifically what are everyones MUST HAVE COVERAGES. 

The description states the property is "ready for rehab and development".