It's actually 60 days, win or lose.  

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

In your mind, is losing $9,500 worth saving $195 per month? 

Most people are happy just to not take a loss each month. 

I couldn’t “lose” my job.

Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Lots of other people had bad experiences. 

But it is very risky and you can lose all of your properties if things go wrong.

There are some that are great for sure, but I have currently heard terrible stories about people putting money in the last 2-3 years and losing it all, capital calls and losing the whole deal due to bad bridge loans (some coming do very soon). 

There are sites out there like passive pockets as well as this site where you can find out a lot from people who have invested with that fund.