While it eats into cash flow, it prevents costly mistakes and keeps operations smooth.

@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend 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.

They will also be able to claw back mistakes)Bank statements (To prove the amount of business you average monthly, to set your ACH limits)These are all going to be required from any PMC software provider that allows you to directly access these services.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I made more mistakes on my first investment than I can count.

Those who make that mistake almost never dig themselves out.

Like "Biggest single family propetry management mistakes ever" etc

Thanks   By living in the mistakes market this last 2.5 yrs I can tell:- appreciation has stagnated as expected , after appreciation of 25-40% , is expected a slow down with appreciation in the 3-8% at least in zones and criteria I check monthly - rental listing started to show up as expected as well.

I think I might have made a mistake moving here.... lol

If you’re using all cash you can afford to make mistakes with underwriting, or during renovations.