Choosing a Property Manager for MF

[Luke Grogan]

I am seeking to purchase an apartment building in the 6-50 unit range in the central Florida and coastal Florida areas, primarily in areas of Tampa and Brevard county, but also looking in the Orlando area. I've found a few that I like, but if they are not in Brevard, I'm not going to be able to manage them or transition them to a manager. Any suggestions for choosing a good multi family property manager? I've gotten a few referrals and have interviewed a few, but I don't necessarily know what I'm looking for in a manager that can handle a property with 25 units. Would you use a PM that does single family and small MF, like 2-4 units or would you look for a more "corporate" structure? What are your non-negotiable, must-haves in a MF PM? Finally, any suggestions in Tampa, Orlando, and Cocoa/Merritt Island?