The more important piece is that it reports the collection action on their credit report, which could prevent them from cheating another Landlord or qualifying for a loan.If you PM me I can share the company I use.

And when things break, the chickens will come home to roost for all SF/subto/no cash in players or folks who bought into the FOMO without reserves.

This does take time to address these issues but if if a PM is taking a cut, he or she should do what they can to prevent unnecessary service calls - isn't that what you are paying them to do? 

Most people I talk to says it is worth it (including me), but others are selling because it is not worth it to them.For our indoor pools it never fails to get a call every few weeks saying the indoor pool is too cold (84 to 86 degrees) and we have to explain this is the industry standard and prevents mold and mildew inside. 

It’s used to prevent the seller from conveying to some other party or to force the seller to come to settlement.

Agreed, the deals are always to be had if one looks hard enough and know's the game.Don't hate the player, hate the game if you don't know how to play it hehe

As someone who works in private equity/private credit, I can attest to the fact that they are major players among the large institutional investors.I work as a fund accountant and performance metrics are a large part of what I do.

For 20 years I let nay-sayers prevent me from doing this.

One more thought… as a professional property manager, we spend thousands of dollars with forensic fraud prevention.

Have not done any business with them but did have a sit down with the owners last June when I made a brief visit to Cleveland .. and was impressed with their knowledge definitely seasoned players in the space.