Other factors could be lazy property management, competition from updated or cheaper units.

We've been managing it remotely which has been mostly ok, but I'm considering bringing on a property manager. 

This unexpected expense turned what was promised as a cash-positive investment into a cash-negative one—the first in my investing career.To make matters worse, I lost $21,000 due to the property managers recommended by RTR.

Meanwhile, I have 10 units management experience. 

Quote from @Ronald Rohde: Quote from @Joseph Gozlan: We own, operate and manage industrial & Flex in Texas.

It's a free country, you can run your business how you see fit:)That doesn't really work for self-managing property owners or what investors want from the PMCs they hire.So, yes we find solid contractors at Home Depots on Saturday mornings.When's the last time you've been at a Home Depot during that time period?

I relied on a property manager who ended up really messing me up.

Hi everyone,I'm curious to hear from property managers who focus on single-family homes and similar rental properties.When a tenant gives notice to vacate, do you allow them to swap tenants, or do you consider the notice to vacate as notice for all tenants in the lease?

I also have my own portfolio I've been managing for 10.

Currently, I am self managing all the operations.