Or give proper Notice of Non-Renewal to start getting them out.You need a thorough visual inspection of every room, closet, storage area, attic, basement, crawlspace, and exterior including roof.

I'm a visual, must write stuff down, TO DO list type of person.

Real estate is now priced cheaper than stocks on a relative basis — a dynamic that hasn't existed since the early 2000s.

Are you doing any visual documentation during your walkthroughs?

They are choosing between hundreds of listings and the homes that stand out visually and offer strong amenities tend to win.Properties that accommodate groups, offer great outdoor spaces, or create a unique design experience consistently outperform properties that simply look like a long term rental with furniture added.

In order to accomplish their job, much like an investor planning a rehab, they need to make an accurate assessment of what is needed and when; get bids and find quality contractors; and most importantly, do so with a written Annual Budget, and a Reserve Funding Plan, that are complete and accurate in order to use those numbers to determine the monthly fees, with built-in adjustments to stay on plan for 20 plus years into the future.As an investor, you need to be able to look at that Budget, and the Reserve Funding Plan, and along with your general visual assessment of the overall project, understand what the TRUE financial status is of the project. 

Real visual proof beats a dozen phone calls.

For me that new skill is home inspection.....being able to tour a property and visually spot the defects and deficiencies is valuable when formulating the price to offer when buying.

Recently stepped into small multifamily ownership in New Hampshire and already deep in the weeds on tenant mix, lease strategy, and local supply dynamics.

Holding costs at current rates eat through profit faster than overshooting a rehab budget by a few grand.The guys I know who are weathering this best aren't trying to fight market dynamics -- they're front-loading analysis.