The worst the insurer can do is deny coverage.

@Calum ShallenbergerRecommend 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.

@Marcos De la CruzRecommend 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.

These are apartments they are living are the worst in the city.

One of the things I love about real estate is most mistakes go away with time.

Are there mistakes you've made that should be avoided?

Would I be making a mistake paying the $997 for the Bnb formula?

Several owners have posted here on BP, that they made the mistake of paying the CFK funds to the nonpaying tenant, usually duped because that tenant claimed they needed the money to move, and then the tenant did NOT move out:(So, our CFK process requires them to sign acknowledgement forms about the process, which we've actually been able to use in court against the tenant when they don't follow thru on the process.SECURITY: always a challenge in Class C & D areas!

I question if there is any large city market in the US where the typical financed purchased rent ready listing is not cash flow negative when using legit underwriting of expected expenses for small unit counts.Take both those facts together and this is near the worst time ever to purchase a financed, rent ready unit.  

I just want to make sure I don’t make a mistake by listing it without having anything in writing.