Wondering if you have any general rules you abide by for estimating rehab costs without actually going to the property.  

The pennies that you spend on a PMC will most likely cost you dollars in your time and effort.Thanks for your reply.

Real estate can definitely be a lot of work, but it’s usually worth it because of the long-term cash flow, tax benefits, and potential appreciation, especially when your management setup actually protects your bottom line.From a tax perspective, if you go the self-management route, you can write off repairs, maintenance, and handyman costs, which helps offset rental income.

Guidelines to follow:Only buy in low-cost markets if your costs stay under 75% even after paying for two major capital improvements, such as a new roof and a new water service line.Make sure you can eliminate all obvious safety and health hazards—like broken sidewalks, missing railings, lead paint, or poor lighting.

I self managed for a long time and now looking back I believe I could have grown my portfolio bigger if I focused on the business and not the day to day property management side.

Flips still move fast, but rising material costs and longer timelines are squeezing margins.Some investors are layering alternative funding (bridge + rehab draws) so the money arrives as the job progresses.Would love to hear your go-to funding structure when costs creep up.

Since I know a lot of folks here invest in South Florida, thought I'd share the key findings:📊 Key Data:- Luxury inventory at 10.2 months (discounts averaging 10%)- Operating costs up significantly: Insurance +29%, Maintenance +24%- Cap rate spread: 4.7% (Brickell) vs 5.3% (Kendall/Doral)- Condo fees up 45% since SB 4-D passedFull report with neighborhood breakdowns: https://thsld.com/miami-property-management-trends-2026What are you seeing in your markets?

And while most people are wrapped in a warm blanket of 𝐴𝑛𝑎𝑙𝑦𝑠𝑖𝑠 𝑃𝑎𝑟𝑎𝑙𝑦𝑠𝑖𝑠, opportunity knocks and you're not answering the bell.Here’s why your "watch and wait" approach could be costing you:Yes, values are softening in many places.

I am investigating starting my own property management company in Los Angeles.If you were to use my services, what would you like to get, and what services are overrated?

**OPERATING COST REALITY CHECK:**- Insurance: +29% YoY (coastal exposure + reinsurance crisis)- Maintenance: +24% (labor + materials)- Property Taxes: +22% (reassessments catching up)- Condo Fees: +45% since 2021 (SB 4-D structural compliance)**MARKET DYNAMICS:**- Luxury ($1M+): 10.2 months inventory, seeing 10% discounts- Single-family: 6.4 months, still climbing 4% annually- Condo/townhome: 12 months inventory (buyer's market forming)**CAP RATE SPREAD:**- Miami core (Brickell/Downtown): 4.7%- Suburban (Doral/Kendall/Homestead): 5.3%- 60bp spread = biggest arbitrage opportunity in years**INVESTOR BEHAVIOR SHIFT:**Seeing capital rotate from luxury spec plays → workforce housing with stable cash flow.