So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

Are you actively looking at specific properties there, or just exploring the market for now?

You can carve into the details a bit more with a specific broker and products.

So, you go over budget FAST.So, your Scope of Work (SOW) MUST be very specific as Mr Perez learned when contractor didn't put in new outlets.To "perfect" your SOW, suggest you walk the property with 3 contractors and ask them what needs to be done.

- Are there specific tools, resources, or methods you use to simplify the regulation process?

Do you have a specific market you are interested in? 

.: As a new investor starting to look at wholesalers, what would be pertinent questions to ask about a specific deal? 

In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.

Specific technical issue that triggered this post.