For those who have used a  PM and changed PM, what questions did you ask to evaluate the new PM? 

Have to see how I progress myself.There was always a dilemma between townhomes vs Single family as invest property.

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.

I went to Memphis a couple of weeks ago to visit with Kenny Shaw and some of his people and they showed me some of their projects in progress and gave a rundown on mine.  

Evaluate rehab costs conservatively and explore financing options.

Impact is yet to be known as I would give it 3-6 months to determine actual progress.2.

What I recommend is looking at it over a longer period of time like the previous year to evaluate it.

How are things progressing?

You should find a reliable rehab calculator and learn how to use it to evaluate the true profitability of your flip.

If you need a property management company to help you with your rentals, George at Progressive Urban Property Management is super nice and will help you get set up as well.