See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

My insurance company sent guy to inspect once.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Those companies you asked about are more for deal finding and direct contact to off-market sellers, is that what you are looking for? 

I'm an investor and property management company owner in central CT. 

I own an HOA management company in Hoboken and it's led me down this thinking-path as well.

I think broader consumer taste is killing malls, which includes online shopping, but also even where people are choosing to live and how they are spending their time/money, more broadly.I worked for a company that bought a failing mall back in 2012 (online shopping was "killing retail" then too), redeveloped most of it into more open air power center and sold.  

I will note though that lots of people manage multiple rentals without hiring a STR management company (myself included).

@Tori Roy A couple red flags I noticed with this company that you posted. 

I see a lot of 1 star reviews in your futureYou don't need a plumber, just get the PM company to send a maintenance guy.