( Inquiry) Improving Property Management

[Stephen Menke]

Outside of my Real Estate Investing, I have been providing accounting and CFO consulting services to small to medium business. This year, I have a goal to align the two practices and have picked up four new clients that are in the Property Management business. These four companies range from 160 - 650 properties under management. 

After reviewing all their reports, I realized that there are only three investors with more than five properties. I am starting to understand that Property Management companies are generally not solving the problems of Real Estate Investors.

My question to the community here is what is the most critical consideration when 1) choosing a property management company, 2) electing to go/stay self-managed, and 3) what is the most painful issue(s) you have with property management companies.

I am looking to identify solutions to such issues and coach these companies on such solutions to garner a stronger Real Estate Investor portfolio. And at the same time, returning value to REIs. 

Thank you in advance for your input.