This is a straightforward process that we’ve followed to consistently deliver high-performance properties, and it does not require secrets or gurus.

One thing NOT in their contracts is their performance numbers.

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!

Thanks for sharing more details - we do agree that the PMC seems to be lacking in performing their services. 

We will see more investors walk away because the properties aren't performing well, but other investors will pick them up and the quantity will remain high.Rates are anyone's guess.

You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.

Title companies perform detailed title searches, revealing all recorded liens and their positions, ensuring you have a clear understanding of any potential encumbrances.

Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.