Selecting New Property Manager for 16 Unit Apts (New Investor)

[Dan O'Neill]

Hello Everyone, 

I am under contract to purchase an apartment complex with 16 units. Given the complex's current state and a discussion I had with the current management company, I feel a change in management companies is in order.  Any suggestions for finding a new management company?  Below is an outline on the selection process I was thinking of using.

1) Create a property profile to include a brief property description and revitalization plan

2) Create a survey of questions for PM companies to complete (borrow heavily from Elizabeth Colegrive -->

http://www.biggerpockets.com/renewsblog/2015/10/09/questions-ask-property-management/)

3) Send an email with documents attached to property management firms servicing the area surrounding the apartments

4) Follow-up with a call to ensure receipt and obtain an initial impression.

I have actually already created the property profile and survey but don't see a mechanism to them to this forum post.

Best Regards,

Dan O'Neill (Charlotte, NC)