PM is all in one. How did you set up checks and balances?

[Casey C.]

I hope this is the right spot for this question. I am a new OOS investor - currently 1 door via wholesaler. That was a learning experience, but overall net positive.

My PM who has done a great job and so far and I'm aggressively looking to expand the number of doors. With both interest rates and housing pricing increasing, I'm looking for properties that need more work - my first one didn't need work. The PM company owner mentioned to me in our initial  phone conversation that they also do contracting work. I thought that this was great because it's a one stop shop.

I've thought about it now, 4 months later, and I have a few "concerns" since the relationship is still very new. I want to check the work that the contractor is doing, but I feel if I ask my PM, it would be a conflict of interest. Maybe it's just me, but it also seems a little weird that I would need my PM to show other potential contractors the site for bids.

My questions are, would you hire an external contractor and keep your PM as your PM and not blur those lines? Or would you continue with the one stop shop, and have an external contractor check up on their work for additional $$$?