@Michael GibsonRecommend 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.

Without it, you could very easily make a big financial mistake. 

Ooh, and by the way, every once in a while, mistakes happen and a deal does fall in your lap.The 100-10-1 rule isn't too far offGino

I would hope there would be a special warranty deed in my state as I do not want to be held legally responsible for past mistakes lol.

Thank you JD , as I mentioned I am 1st time home owner and the mistake I did read online about water in basement and I wanted to save my carpets… I think now all of these are wrong fear.

You will make mistakes.

You can't crunch the numbers when you are new, that's the first mistake most new investors are making.

They promise to take care a lot of the paperwork and perhaps common mistakes for first timers, but not sure if that's worth the $7000 (also upfront).

Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."

There are some mistakes and the layout was key on this house .