I own a mortgage company and know PennyMac. 

For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.

In our management company we have cases where section 8 covered 200/m.

We don't even a Board yet (it's a new build), and it's all being coordinated by the HOA management company for the building.The developer offered to make the new door key fobbed on each side for entry, and would install a new security camera. 

You've got to include loan pay down, appreciation, and depreciation in your return calculations.The point of cash flow is to keep you safe.

Hey @Dean Attali or @Matt Altrich,I'm starting to take a look at PM companies and came across M&M Property Pros.

I've been in real estate for about a month now with my company.

My current property management company doesn’t offer this service, and the only company I know of is very hard to communicate with.

As a management company, we also have a duty to get a property occupied with a qualified resident as soon as possible and sometimes that means adjusting rents down for right now to generate revenue.  

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%.