That clause gives the PM the right to be compensated if a sale happens during their management term, especially if they’re still coordinating access, inspections, appraisals, repairs, or tenant-related issues during the process.

Coordination is still a big lift either way.

Coordinate with the concrete company and the foundation laborers.9.

Most new STR owners don’t realize how much the way a property is classified can impact their tax outcome.If you’re actively managing your rental, responding to guest messages, coordinating cleaning, setting rates, handling maintenance, and keeping things running smoothly, your STR income can be considered non-passive.

If you can consistently and accurately estimate repair costs and coordinate contractors, look into Jv-ing with flippers. 

Larger rehab projects always bring challenges, from coordinating contractors to managing timelines and addressing unexpected issues.

Large-scale renovations often come with surprises—contractor coordination, supply delays, and uncovering unforeseen issues during construction.

The project came with typical renovation challenges—unexpected issues in an older home, shifting timelines, and contractor coordination.

Also creating marketing material, generating and illustrating MLS stats, updating information to MLS for new listings, updating transaction coordination software (i.e.

Once you’ve chosen a new company, they can usually coordinate the handoff, including collecting keys, leases, tenant info, and security deposits.