-------------------------------------------------------------------------------------------------------Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I know for DSCR especially, lots of lenders don't like sober homes unless there's truly no medical services offered. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I have bought and partnered with on a handful of properties and have grown my property management services.  

I look for markets with a COC that fills my appetite and that has a critical number of vendors that can service me (eg: property managers and cleaners).

However, if the lock issue was caused by misuse or accidental damage on the tenant’s part, then the tenant might be responsible for the expense.It’s always best to review the lease agreement first to see if there’s specific language about repairs or locksmith services.

My biggest concern with blue ridge is cleaning companies and handy man services. 

And btw, if rates fall even more over the next year, maybe you refi down from 6.5 to say 5.5 which would make you another 4k a year in profit.What I like to do is look at the investment 10 years from now.1)  20k  Rental profit should go up from 5k to about 20k to 25k a year in year 10/11 if you figure historical rent increases out there and the fact that your mortgage stays the same - even with services like cleaning and property management going up some too. 

One thing I learned from a long career in public service is that it is better to underpromise and overdeliver than the other way around. 

The real estate company offers syndications and syndication education services.