The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Quote from @Bruce Rasquinha: Hi, I'm a newbie to the world of real estate investments.

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

Let’s talk about it, because if you’re like me, you want to know what’s really happening in real estate and what it all means for the future.Here’s the good news.

You do still have to know the right areas to invest in and who to trust for that info. 

Mesne profits is a measure of damages for the unauthorized use of real property. 

Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

It's great that you're focused on saving and educating yourself before diving into real estate.

I have been dabbling in real estate investing and we have a vacation rental property in Custer SD.