There are "Property managers" who sign up owners for their services and then subcontract a cheaper company and keep the difference.2nd type of Property Management company:· Honest, Transparent & Trustworthy.· Clear fees disclosed upfront.

Being transparent from the jump is always best. 

We do it for our clients all the time.But an OOS investor should be careful as there are so many ways they can get taken advantage of:1) Buying the wrong property, wrong location, etc2) Being overcharged because there's no transparency on actual costs and budget3) Shoddy work because no pics/video are supplied4) Crappy tenants are placed that destroy the rennovationsNone of the above are discovered until an owner goes to refinance the property or sell it.What should an investor do to protect themselves?

@Zack KarpI was as transparent as can be I’ve owned my first home for 3 years now, this second home I’m looking at is a 30 minute drive away so I don’t understand why there would be an issue, especially since I want to sell my current home.

I’m transparent with lenders, business partners, etc and thus far no one refuses to work with me.

One thing I would advise against first is moving forward without getting in touch with your current lender and insurance providers- renting the current property out may change terms in some cases and you need to be fully transparent in plans. 

Be transparent about everything.

Wholesaling is simple.Find a motivated selelr, explain in full transparancy what the wholesaling process is (yes tell them you have no intention to buy their house), get the hoiuse under contract then sell the contract.It is THAT simple!

For transparency purposes, I know this isn't an easy process. 

I’m currently working with a different company, which seems to be more transparent.