This adds to our bottom lineThe environment gains - and by extension, ALL OF US - since waste & excess literally drop off of a cliff.

Assume you need an extension and pay 5 points.

Bad things happen more frequently when you buy into the "passive income" idea and don't check in on your properties frequently.Lastly, keep a tight hold on your financials (aka bookkeeping) so you always know the performance of each property.Just my 2 cents.

Low class outfit ... one of my borrower/ clients went into escrow with them last week and  put up the non refundable money getting ready to close and well  the title needs to be probated.. so these guys dont run title until they have your deposit.. will see if and how easy they give my client back his money since it did not close on the closing date and no extension was given or signed..

if so, how is the performance and occupancy rate?

I may be a bit gun-shy because of the extensive renovations we have done to a primary residence that spanned three contractors and six years.  

Proactively communicate the performance of their investment.

Especially considering this performance is over an extended period of time.  

He found it challenging to get comprehensive info on their historical performance and the underlying assets.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!