Plus, professional management companies often have tools and strategies to maximize occupancy and revenue, which can offset their fees.

That means:🚫 No posting on social media🚫 No blasting your deal to an email list of strangers🚫 No promoting your syndication on a podcastThe SEC is clear: “No general solicitation or advertising to market the securities.”If you want to publicly advertise, you’d need to use Rule 506(c)—which requires investor verification and limits you to accredited investors only.🚨 Warning: If you advertise a 506(b) deal publicly, your entire offering could be invalidated, leading to legal consequences.2.

Quote from @Phillip Austin: There are two alternatives to a security deposit, which I speak about in my book.

McElhannon: I'm curious on peoples go to approach to secure financing for an investment property - use a broker? 

Who's name is the lease in, tenant or insurance company?

This is not the utility company's responsibility.Your lease should state the tenant is responsible for maintaining utilities.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

It seems that often when companies acquire large books of business in one shot there are growing pains and unfortunately those are felt at the client level.

We'll sell the properties if we can't find a PM company that works.