I have no clue as to what some of these other posts are talking about when they mention "there's a $5,500 fee, the agent will have to cut their commission", or several of the other comments.

Please do not comment a recommendation to seek advice from a CPA or attorney as that does not add value to me or others.Thank you,

Some of the towns & cities where our investors do well: Wallingford, Milford, Cheshire, Middletown, Cromwell, North Haven, Woodbridge, Orange, Shelton, Watertown, Newtown, Branford, Bethel, and Guilford to name just a few.For 2 bedroom rentals: Good school systems may be an issue for some, especially for single parents but also proximity to employment comes into play as well so it adds places like parts of Hamden, New Haven, West Haven,  Bristol, East Haven, Stratford, Northford, GlastonburyFor apartments - studio & 1's: All of above plus Derby, Ansonia, SeymourWe don't go past Glastonbury as a rule so I can't comment on Hartford and north.

BTW: don't feel too bad, as many owners do a poor job of screening PMCs before hiring one - except of course, focusing on the lowest price:)COMMENT: If PMCs screened tenants the same way most owners screen PMCs...Regarding whether or not to pursue tenants for collections:1) I'd be less worried about this if an eviction is a matter of record, so other landlords hold them accountable.

If any of this resonates with you, feel free to drop a comment below or send me a message.

@Scott Schultz you've made my day with your 9+ months comment!

I agree with the above comments that depreciation recapture does need to be included. 

Your comment mirrors what I was thinking.

Because if just a few, it get's even weirder why they wouldn't just have on-staff PM and maint. mgr..  2 properties mate No bloody idea and they should definitely self manage.I’ve always said that “anyone” can find, buy and rehab.Not many can property manage well and manage well long term.Plus, folks like having someone else to blame like a property management company.Makes their failure easier to bare haha So that’s another reason maybe why they want a PM…Maybe they are reading this thread and will head the advice from folks like yourself mate Thanks for your replies and I’ll reply back to your other encyclopedia comment in a bit haha 

My buddy @Dave Foster made a strange comment "If your accountant will let you expense it that would give you more benefit if the short term."