@Adam RossRecommend 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.

in 3  one broke even and 2 or perking along as expected. 

Another reason people are selling are guests and platforms (Airbnb) are becoming more demanding by expecting more from owners including refunds over the simplest things.

I think he was upset because I used him in the past and he may have expected that I would continue with his services. 

I can't imagine being in a partnership with someone that brings nothing to the table but expects the same return as you do.

Expect to spend several thousand.

Are we expecting a recession? 

For anyone starting out in real estate, I hope my story gives you a sense of what to expect (the good and the bad!)

So essentially you can't really judge if the opportunity is right for you because he wouldn't tell you anything about what you could expect down the road & by time you got to that point it was past the time to get your refund. 

Getting a FincenID makes it easy if you have more than one or expect future updates.