Hi,I write out my screening criteria and ask for rental history and income verification before performing a credit check via Rent Spree.

How can the other partner replace them if they perform poorly?

Are you performing well with delivery?

What are some of the key factors you think influence these varying markets across Texas?

Proactively communicate the performance of their investment.

if so, how is the performance and occupancy rate?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.

State costs vary, but more or less should be +/- $750-1000 to get obtain your NMLS mortgage license (with courses) and most states permit dual licensing in which brokers can be legally compensated on both sides of a transaction.I'd be very cautious about performing dual capacities in any single transaction for two reasons: 1. 

Bad things happen more frequently when you buy into the "passive income" idea and don't check in on your properties frequently.Lastly, keep a tight hold on your financials (aka bookkeeping) so you always know the performance of each property.Just my 2 cents.