Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

I would just accept that this needs to be a small scale operation involving close friends and family until you have some tangible experience and significant capital of your own.

I spoke with the tenant and said the shower will be needing new tile so while the toilet will be operable, the shower won't.

Do you find there to be value for us to still reach out to those brokers who have been around 30 years and are high-level operators? 

Please note, units have to be registered (then renewal annually) with the Department of Planning and Permitting in order to be operated as legal vacation rentals.  

We hired staff that managed and ran it with us overseeing operations with a weekly Zoom call.

I am really interested in the potential that RE investment has to help provide an income for my family and help me slowly build a farming operation that is set up for long-term sustainability.I plan to use my RE license to raise capital and get access to potential rental properties.

In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

As I understand it, there used to be an on-site management company that operated some of the units as a condotel. 

Since they can't leave or operate they have been holding the payments.