Hello, we are middle of purchasing our 2nd property.

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

This is a straightforward and common approach.However, make sure to document the change in the lease renewal or addendum, specifying the new security deposit amount.

I recall looking up their LLC in Florida, even though some documents mentioned California.If you’ve had any interactions with these people, please reply below and let us know your experience.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

"There's 2 types of house's, 1 where people know they have rats, the other is they don't know they have rats"Poison is a really bad idea, especially when tennants are involved.Hire an exterminator a document everything.

But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.

They will not provide you that documentation.

I have already received my preliminary documents from her for my accountant.