@Zackarias Aitchison FYI -- Webinar on 6/18/19: "Common Mistakes Made by First-Time Syndicators" by Gene Trowbridge and Jonathan Nieh

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

@Vitali Ganon Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes.

Like dead heirs they can get releases from, or mistakes in the contract made by an agent/buyer/seller. 

@Sean SpagnolaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Nathan Meeker absolutely agree a good CPA is worth the $$, and was expecting to spend well over 1000 for such services (I spent 1500 last year only to catch a lot of my CPA's mistakes); just sent you a DM, thx

Most investors lose a TON of money by making amateur mistakes.

Nothing tougher than trying to learn the basics and avoid mistakes that cost money and time.

Have you been successful in this in the past, or have you made mistakes and found ways to overcome them.Just my 2 cents.