My suggestion would be to select someone with the most forum posts or most reviews.

My suggestion would be to select someone with the most forum posts or most reviews.

That's why so many construction-related businesses fail.So, if you're focused on finding the cheapest contractor to do your job, you have a very good chance of selecting a contractor who will go out of business while trying to build your job.There's an old saying, "A fool and their money are soon parted."

I keep wondering about insurance, vacancy rates, if tenant selection is a bigger/ different factor, terms of the tenancy and differences in opex and capex?

My niche was looking for areas that were run down but getting ready to gentrify (or so I thought, sometimes it's just a guess or gut feeling :-)Drive around the areas you have selected as possible money-makers and then drive, drive, drive.

You will get a lot of applications but be very throughout when selecting the right one.

I keep wondering about insurance, vacancy rates, if tenant selection is a bigger/ different factor, terms of the tenancy and differences in opex and capex? 

So depending what future holds for California, and whether you target appreciation or cash flow, select your locations.

There is a drop down with lots of options and if you select "no central heat/air" you can't get insurance from most companies.

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!