To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We have sent over a few referrals to him and they have given us great feedback when we asked how their experience has been. 

Louis, MOKilleen, TXWaco, TXTopeka, KSTulsa, OKLooking forward to hearing about your plans and experiences!

Just my experience. 

From my experience you should expect a 10% to 15% of gross revenue for repairs/maintenance. 

Any advice or shared experience would be great.

I saw an example recently in Bloomberg about how local regulations can really shape a landlord’s experience, from what I’ve heard.

What you want is an agent with experience who knows how to negotiate, watch your back, navigate difficult situations, understand contracts and law, provides an objective cross-check, etc.

Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.  

It seems like the LO's have no experience working with investors and are not very concerned with trying to make the numbers work.