The OP is referring to transactional lenders charging 2 to 12% of the loan amount, not 12% interest on an annual basis.

For reference I would have only been able to rent the space for about $900/month.

For reference sake, the approximate value of the existing portfolio is $2B, and the annual net rental payments after expenses returned to investors are approximately $108M in 2024.

For reference though, ours is 9.55% and in 1st/ only position.  

Essentially, when they send the leads, there is no reference to where they came from or the URL to the lead source, making it difficult on our end to track. 

For reference, we are Accent Property Management, in Tulsa

That's like a company that does software development giving employees a bonus for referring other good programmers automatically makes the company a "scam". 

I am happy to refer you to some

I'm in a beach market, for reference.

@Gp G.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.