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?

Again, there are good ones out there but you need to know what a good one looks like, then you need to screen them until you find one.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Assuming i find a property management team that can be trusted, and that the tenant is properly screened, how could something like this go wrong?  

No population growth, no economic surge and rents have stayed flat.

Now interest rates staying flat hasn't helped too much, but we are in the higher season of people moving/finishing school/etc. 6-8 months ago was a bit slower. 

What concerns me is any lien that would prevent me from refinancing the property.Thanks,Matt Make sure the mutually agreed contract is compliant with DPBR, some states are very specific regarding flat rate vs T&M contracts.

At $200,000 an acre for flat zoned RM with no entitlements to $350-400K per acre with.  

While Section 8 offers benefits like guaranteed rental income and a larger pool of prospective tenants, there are administrative requirements and potential differences in payment expectations to navigate.Before making a decision, conduct thorough tenant screenings to ensure tenants meet your rental criteria beyond their Section 8 status.

In the past, I have raised $100,000+ for each one of my projects, but all on equity partnerships or by giving the investors a flat fee on the deal. 

I may have been listening to the podcasts too much (I'm through around half of them)I'm all for giving the current tenants a chance, but it seems like I have to just take them without knowing anything about them, no idea of how they were screened, their payment history, etc.This is just a duplex, is it a very common thing to sell an occupied unit (on the lower range, not 4plex+)?