As reward, I will provide a clean, safe, functional home and be responsive to routine service requests.

If you are also a PM I would look to see if there is a chapter of NARPM.If you are selling a service to PMs you might check to see if the local realtor association has an affiliate group you could join.

So, if you need any PM services (even if its lawncare) let me know!

Anyone have any inputs on other services worth trying?

The “BRRRR” only works here if:The ARV really does come in at or close to $900kThe lender gives you very favorable termsYou’re okay with thin or even negative cash flow for a whileRight now, the debt load is just too big for the income.If this were mine, I’d do one of three things:Renegotiate the purchase price to build in more roomRefi at a lower LTV, even if it means getting less money backSkip the full BRRRR and just hold it with the lower original paymentThat would make the deal safer and a lot more predictable.

I’m looking for some best practices on starting and maintaining LLCs in TX, TN and FL (on a cheap basis…not trying to do everything using a service or having each single family home in each LLC as that would make costs balloon out of control).  

BiggerPockets is full of great people carrying out great strategies! 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

First off thank you for your service and welcome to the investing side.

Quote from @Shuchi Gupta: Hi BP community,Looking for real-world experience from multifamily owners or investors who’ve done a panel upgrade.I have an 8-unit building in Santa Clara, CA, and I’ve received 3 quotes to replace the main service panel & meter bank (9 meters total, including common laundry).What differs across the bids:600A Eaton meter bank Square D panel but amp size not specifiedOne bid includes the laundry subpanelSome bids don't include permit/engineering/stucco patchingPrices range from $19K to $38K some not including permit fees.Current setup:1960s buildingGas water heatersShared laundryUpgraded kitchen appliances over timeAll tenants have window AC units, No EV chargers yetQuestions:Did you go 250A or 600A on your small multifamily upgrade?