Go talk to the the current PM....ask them about property performance, asked about rent bumps on upgraded units, ask about the competition and go visit. 

This assures them I'll attempt to perform on their court while reciprocity guarantees me another agency that works with investors(also an ice breaker i.e.

I only knew about this when I terminated the management with them.

Here are the four things I order  1- BPO (150.00)2- home inspection (350.00)3- pre-lim (225.00 maybe free)4- appraisal. (500.00) That 1225 tells me everything I need to know and I’ll kick the deal at each stage if the numbers don’t perform. 

A good PM should be on top of this and not simply ride out the market shifts.Technology & Reporting: What tools do they use to monitor guest interactions, maintenance, and property performance?

We will see how it performs soon but very excited about how it turned out!

Biggest clauses are: who's responsible for what, what are the penalties if someone doesn't perform their duties (including forcing them out) and what happens if one party wants out and the others don't.BTW: your brother should do this with his new girlfriend BEFORE paying part of her mortgage!

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!

@Daniel AlvarezI have using my spreadsheet to track performance for a few years now.

We’ll consider additional upgrades, like a jacuzzi, once we see how well the property performs.