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!

Where comps come in to to compare "cap Rates"  (a measure of financial performance) of recent sales. 

please let me know if you have successfully completed a creative finance deal and you have some terms example breakdowns i can take a look at much appreciated im trying to buy an apartment complex asap

I would be concerned long term that STRs could go away in some of those areas.My 2 cents as always.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

If they have a 100 unit property and 5 units are eviction candidates, they can leverage and hold out a bit since the other 95 units are performing.

This might balance immediate compensation with performance-based incentives.

Over the long term.  

You want to make sure that the developer can perform and that the type of development proposed is needed in the market and that the neighbors don't oppose the project.

Title companies perform detailed title searches, revealing all recorded liens and their positions, ensuring you have a clear understanding of any potential encumbrances.