- Broad language excusing PM from any responsibility (including that of anyone they subcontract out to)- Charging the owner additional "convenience fees" if they "fail" to perform according to an agreement (with broad language about what that means)- Making the owner pay for any mediation / attorney fees for both parties (with no cap specified)Specific fee structure: - Management Fee: 10% scheduled rents (up to 3 units); 8% up to 15; 6% up to 35- New tenants placement (not renewals): 50% first month rent- 10% mark-up on all service fees (no receipts required)- 15% mark-up on total cost for any capital expenditures- Flat turnover fee- Flat evictions fee

.) - Get with your CPA/accountant with your plan, so there's no surprises.- Work with a realtor who has experience with 1031 exchanges (whether it's as an investor or helping past clients)

Plus I do things like upload the signed lease for everyone's convenience.

Going to look more into a 203k loan, and it came as a surprise to hear that regional banks tend to be better partners for real estate investors than larger ones.

Which is surprising since he is a gun toting evangelical, in his own words "redneck hillbilly" :-).

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

These conditions should not be considered surprises; they should be what you expect. 

With its diverse economic base stabilizing the rental market and a community-centric revitalization in full swing, Toledo stands out as a surprisingly lucrative market for real estate investors looking to maximize their investments.Market Trends and GrowthPrice Growth in 43620Homes with 5+ Bedrooms: In the past year, these properties have shown a substantial increase in median sold prices, rising from $139.9K to $167.4K, a growth of 19.7%.

I am surprised.

This is what's surprising me at beginning of the year.The Milwaukee insurance agent called me hey your dwelling coverage should be 600k !