Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

It protects both parties.Adding your property manager as an additional insured protects you and your property manager in case of a claim or lawsuit.

Sure, I invested 5K into the Radd Reit, They claimed that the share price would be adjusted semi annually.

Absolutely.If a landlord is listed as additional insured (rather than additional interest) they cannot make a claim against one another's liability policy for damages - it could completely jeopardize the coverage they think they're making it easier to get. 

They still do not have an app, although they claim to be developing an app.

They claim to charge in the "high 4 figures" - one web source says it's $4800 - to join their group and get access to their network and resources.  

I gently asked the tenant if she smelled weed in the backyard and she claimed that she does not smoke anything so she does not know etc etc.2.

Some people think it's easy and claim it only takes them a couple of hours a week, some people wouldn't touch it with a 6-ft pole.)Now let's look at the acquisition cost or capital cost: if you buy the $500k house with a mortgage with a 20% down payment, your monthly payment will be about $2700. 

Make sure you are going to get your money's worth.One more thing: Matt claims they have now fixed their staffing issue and fine tuned the business.

A quick internet search led to quite a few complaints by people claiming to be ripped off, had deals fall through, or simply getting the run around each time.