I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...

Anyone know of PM company that is decent and give a crap for the property owner?  

I'm sure plenty of people fall for that crap, and it is really sad! 

If everyone would simply eradicate that from there vocabulary and replace it with "Realized PERFORMANCE".

A good PM, if you are truly annoying them with ticky tack crap, would simply terminate the relationship with YOU, if you were such a bad a client, not charge you $75 every time you call with a question.

There are always ways to increase the value of most homes, but that is also a crap shoot.

Nor any commercial lender, because the previous owners ran it as kind of a retirement hobby and the historical P&L's were crap. 

Plan for a few months of "Oh crap, we're spending so much money; this better freaking work." 

What I would do is talk to the neighbor and mention that the fence looks like crap and I am willing to replace it on my dime .

I feel terrible walking away...but i was under incredible stress (not sleeping and eating like crap) trying to figure it out and make the quotes work by paring back finishes.