@Tricia O'BrienIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I’ve done this with my first rental 25 years ago and they destroyed the house causing me to give up real estate for 20 years which was the biggest mistake ever and the only thing in my life I truly regret.

@Nina V.Recommend 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.

Knowledge and experience only come in hand after you've made those mistakes in life and business. nursing is a guaranteed pay check !

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

This turned out to be a mistake since the rehab ended up taking 2 months and he underquoted me for the work.

Taking it nice and slow and trying to not make mistakes that cost time and money.Thank You for the Input in Advance,

Mistakes aren’t impossible – but the taxing authorities are usually pretty good at their job.

@Nick SansiveroRecommend 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.

It's common to be scared of making mistakes and sometimes you have to do things when you're scared.