They have already called a real estate agent to list on the MLS and when the agent comes over to take the listing, they tell the prospective seller that the dog poop in the living room has got to go.The rot in the bathroom behind the toilet needs to be fixed.

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!

Stick to the lease agreement and landlord-tenant laws—most headaches come from trying to make exceptions.

I do not set up TV, internet, or phone for tenants. 

Yes, I’m a fan of harvesting the equity built up in properties.

The biggest hurdle you'll have to overcome is accepting breakeven or negative cash flow at the start. 

The seller gets paid in full . 

As you move up the price chart there are just fewer and fewer renters. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

What areas do you find the best ROI on your flips?