I made the mistake of empathizing, let them have keys before the full security deposit was paid.

If you jump into something before doing this - you're highly likely to get taken advantage of, or at best waste your time & money.Can't help with a coach:(Do recommend investing close to home if you can and then screen the heck out of PMCs with your expectations & goals to hire a good one.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.

Occasionally I have made a mistake and let some folks in that weren't the best neighbors to the other folks at the property.

He explains that this process is a never-ending loop within a cycle.When you mention how easy it is for GMs to blame the market, I assume they are not learning from those mistakes and therefore not increasing their knowledge within their cycle.

As the owner, you have made several mistakes that added fuel to the fire...1.

Although make no mistake about it in our areas on the day of the auction there will be Millions if not 10 s of millions in Cashiers checks sitting in peoples pockets ready to bid.Also GA is this way I bought about 55 court house steps there.. but its frustrating there it only takes 60 to 90 days to go from default to sale but it can then take 60 days to get your deed.. and again you have to pay in full that day.So if someone thinks they are going to wholesale these well yes you can.. sure but you need to buy you can't leverage in with a small deposit then sell your interest in the LLC or any other scheme like that...

You'll need maintenance people, inspectors, agents to show the property, etc.RentRedi doesn't handle any of that.Regarding finding a PMC: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.

I tell people to Start small and Make Your Big Mistakes Early.  

@Richard Benjamin WilhiteRecommend 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.

Not to scare you - but we made one mistake on a flip - replacing old wooden windows instead of rebuilding them - and it ended up costing us $50,000 to our $175,000 profit margin.