In fact I had one done that size over the summer from some real slobs who moved out, and it required an inordinate amount of deep cleaning including almost one full day just on the filth of the kitchen floors, and it was $400. 

@Shaun OrtizRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

During this time, we have 0 real world experience.

But it is still my opinion, that for US based real estate assets, they are not as bullet proof as for other non real estate assets.

Listen to this podcast if you haven't already - Real Estate Syndications 101: What To Know BEFORE You Invest Are you looking to stay in the Minneapolis market? 

With the new 760 CMR 71.00 Protect Use Accessory Dwelling Unit law that took effect this past February, I’m seeking legal guidance to ensure that my project is fully compliant.I’ve encountered some potential confusion with how the local building commission is interpreting the new regulations, and I’m hoping to connect with a real estate attorney who is up-to-date on the law.

That's why I get a waiver of subrogation too.CAR contracts may be standard in the industry...for Real Estate Brokers.

You need to consider many factors when selecting an investment city including operating cost and long term performance.Operating CostsBelow is a comparison of insurance and property tax rates for three states without state income taxes.StateInsuranceProperty Tax %Florida$10,9960.91%Texas$2,3171.68%Nevada$9650.59%State average property tax source.Texas and Nevada average insurance source.Florida average insurance cost sourceTo put this in perspective, below is an estimate of annual operating costs for a $400,000 property.StateInsuranceProperty TaxTotalFlorida$10,996$3,640$14,636Texas$2,317$6,720$9,037Nevada$965$2,360$3,325Compared to a property in Nevada, properties in other states require additional cash flow to compensate for their higher operating costs.Florida: +$11,311 ($14,636 - $3,325)Texas: +$5,712 ($9,037 - $3,325)The takeaway is that operating costs have a huge impact on your ability to achieve financial independence.Long Term PerformanceThe goal of real estate investing is financial independence.

That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.

New construction can be a great option for real estate investors in Charlotte.