Allocating for management
How’s it going everyone
Looking to start investing. I plan on doing this for the long haul. I personally believe in looking ahead. I’m looking at long term rental properties. I want to start local and manage my own properties and then once I become successful and acquire more doors. Letting a management company take over
My question is how do you analyze a property in order to allocate for management fees. What do you suppose is a good cash flow dollar amount per month per door.
Thanks