I always look at SDE (discretionary earnings) and if it's a typical PM firm with 30% margins (give or take) then the $100,000 in collected rents should yield $10,000 in revenue (assuming 10% PM costs) which would give a profit (SDE) of $3,000.  

When first started this series, the owner of the firm messaged me here on Bigger Pockets and asked if I'd do a review.

I was polite but very firm and upfront.

This guy bargained the rent with you so you better be on firm ground on whatever you tell him about the animal.

That said, the smaller firms are just that, smaller, with less awards banquets, and all the hoopla that can attract new agents (shiny object!!)

 Hi Angie, the unit already has a property mgmt firm and I accounted that in the cash flow.

Additionally, thinking about investing in different property types or enlisting the help of a trusted property management firm may be wise choices.

The tax pro should also work closely with the cost segregation firm.

@Vicente HernandezReal estate agents tend to prefer property management firms that have clear payment plans, fair commission rates, an easy referral system, prompt payments, assistance and tools, and a good standing.

I see the same things from borrowers or those that take on mortgages.understand the concept.. but did not read much of the 30 page Mortgage document.Or read and understand the note.With so many of the larger HML or DSCR loans being backed or bought by wall street firms you know their lawyers are creating these documents and I suspect virtually no one reads every clause in them and or understands what they mean in relationship to the transaction and what your signing.