Discussion about rent ready cost
Want to have a discussion about rent ready cost, for anyone investing in SFH in Memphis area (SFH about 1200-1500 sqft, rent about 850-1000/mo), what would the investor expect on the rent ready cost? I understand it depends largely on tenants, thus I assume the due diligence in tenant selection works well and tenants don't trash the house after a couple of year of stay.
Also are there keys to saving rent ready cost, if the properties are managed by a property management company? Are there property management companies to recommend that are good at keeping the rent ready cost controlled?