@Larry Nielsen The goal of a real estate investor should be to maximize the performance of your real estate while avoiding  incoming liabilities against the real estate and yourself personally.

The sad part is that these poor returns don't even have to do with financing costs which will be an issue in the future this is simply poor performance by inexperienced operators.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I write and share a lot about my experience, the market there, and even openly share performance history and numbers on my own rental portfolio.Happy to send you and anyone else those resources.

After comparing the performance I don't think I could ever go back to anything under 4 bedrooms. 

Then you can pick the one that meets your needs and you feel will actually perform a quality inspection.

You send huge volumes to compensate for the poor performance (0.1 conversion rate).Do you know what is utterly stupid?

The county assessor has it as $502 but says that is a placeholder for all land values in the Pima County area.Our next option is to find a RE professional who can perform a limited scope land appraisal by pulling land comps from the area. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

My guess is, they con investors into $50,000 or more and spend it on their sub-par lavish lifestyles, making promises they can’t keep doing services they aren’t capable or legally able to perform.