It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

When evaluating a borrower’s ability to execute, what specific qualities or track records do you prioritize the most?

The apartment is in very poor condition and there have been outstanding repairs It seems to me like you have non-cooperating tenants.

For books, I'd recommend "Rich Dad Poor Dad" by Robert Kiyosaki, which is a great introduction to understanding wealth-building through real estate.

I had to use the ole Rich Dad Poor Dad mindset, "its not I can't afford it but HOW can I afford it."

Better quality product, better installation, and making relationships is invaluable if you plan to scale.

It's a very desirable area, and it's a good property, but I think a few quality of life things are holding it back.

They want quality work , cheap price and done quick . 

@Alex Lickenbrock If your young family needs schools and you don't want to pay for private, you may want to consider the suburbs (and there is a range of school/suburb quality as well).