People who can't, or won't, afford to pay up for excellent representation will be gambling with the biggest purchase they are likely to ever make in their lifetime.

A: This is pretty accurate from what ive seen, parking, access to a private bathroom are two factors that can help you push rents as well as the updates in the house.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Anytime ANYONE, and I would guess this is accurate if you ask others on BP.

There are multiple issues with adu/jadu valuations:* Lack of sold comps with similar jadu/adu's and therefore, their value is not accurately reflected yet.* Appraisers with lack of skill or motivation (due to their low fees received or charged) which deters them from doing the work required for an reliable valuation.* Residential properties (2-4 units) are mainly valued by sold comps and not with the income approach, since these properties are typically not purchased for their income potential exclusively.* adu/jadu's add contributory value to the property as a whole, which may or may not = the cost to build them.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

I'm always learning about REI because the more knowledge I have under my belt, the better I can negotiate deals, accurately calculate repair costs and etc.

If there is a potential for loss of any kind, then you are using their funds for your benefit - i.e. gambling with other peoples money - so definitely a place you don't want to go.

@David O'Sullivan JrRecommend 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.

I had an extremely similar situation last year, it was a property I was fixing up to sell, the main contractor had some issues (maybe drinking, drug or gambling) and kept asking me for money saying he needed to pay the crew and has been working really hard.