I was looking for something cheap, but nice at the same time. my real estate agent pulled through and found this property being sold off market.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

An architect told me that even though ADUs should not be bigger than 50% of the main house, I should be able to permit this one with SB09 if I pay a fee (about $8k according to my agent).

Cassidy Burns and BPG Residential Just curious. did you include your cost of sales, realtor fees, escrow, capital gains in your profit projection? 

I know some good people that have went to dinner, had a couple of drinks, drove home, and got pulled over.

Loan-related fees and expenses3. 

Everyone that has more than 1 or 2 properties should have some kind of basic spreadsheet that demonstrates how much that property is bringing in after all your fixed costs are accounted for, at a minimum - PITI, lawn care, HOA fees, etc.

In my shoes, it would be hard to credit a client for a decision that could have saved you $10k+ in damages, especially when it wasn't something that went to our firm (like management fees or an in-house maintenance contractor).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?