Quote from @Anthony L Amos Jr: Quote from @Emily Shin: Hello, I am new to this community and to real estate investing.

If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.

I'm certainly looking for some cash flow but from my initial analysis, it usually is around the 5-7% mark in terms of CoC return.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

And the favor is please mark me in your system as do not call.My wife has started doing the same and it works for her as well. 

Quote from @Mark G.: @Jay Hinrichs  Why do you prefer PR over PS?

I have extended my loan (at a cost of 2% and an increased rate), once it hit maturity at the one year mark. 

(you need to differentiate when a Mark Spain type company is running radio ads to attract business for themselves from it actually helping you out)4) Our TEAM or BROKERAGE has sold "X" homes! 

The very first day that a tenant is late, a Notice of Default needs to be delivered to the tenant (you need a receipt of delivery; if you hand deliver it, place it in a sealed envelope with their name on it marked 'urgent/confidential' and take a photo of it placed on their door). 

Quote from @Anthony Thompson: Hi @Jasmine Thermitus welcome to Bigger Pockets and congratulations on getting started on your real estate journey!