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!

Bigger homes just perform better here for this reason. 

The deal hasn't performed up to projections and the GP has offered to pay me back my original capital plus 12 percent to buy me out of the deal.

That said, we're currently investing in a new syndicated fund (new build apartments) and are optimistic it will perform as expected. 

Would love to see how performance pans out over the longer term.Also, my personal gut tells me with turnkey that the properties are not BRRRR'able as you're essentially getting them post-renovation for their actual appraised value and not below.

But a lot of my clients that can get these better deals are now refinancing and keeping these and stacking inventory and when market conditions are such they can exit they will start selling and it makes sense hold them over 12 months and now you have a performing asset and you have cap gains instead of ordinary income.  

Lifestyles preaches that this is a team sport.  

Background check:  I always perform a background check. 

Right now, I own some rentals in a rural area, and they're performing well.

A property management company can take this burden entirely from your shoulders and perform the management functions in a more systematized and automated manner, saving the landlord countless hours of time and effort.