I am VERY certain I have made some (or many) mistakes or left money on the table or overpaid etc... but all of these deals are cash flow positive after all costs + vacancy and maintenance. 

@Thomas SehonRecommend 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.

Not to mention you will present yourself far more professionally to prospective business partners, lenders etc. who will be necessary for your growth.The next mistake you appear to be making is equating number of doors to growth.

I have paid a lot of money for consultations with attorneys over the years and have lost money from making mistakes by not complying and keeping up with changes.

I see the mistakes being made every day in the forums.

You don't want to make a mistake and open yourself to a lawsuit.

A mistake Investors often make is thinking that the HUD FMR applies to every property of that bedroom size. 

They bought property and held on.Real estate investing is very forgiving and most mistakes are erased with a little time.

Big mistake on my part.Thanks again for the reply. 

Then BP, make every LP or Syndication investor read it, before they start posting.Start small and Make Your Big Mistakes Early.It's your money, your Right, even if you're Wrong.