Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

Any tips for navigating the competition in such a hot market?

HI @Kaushik SarkarI would suggest going to the top of the page under LENDERS and then answering a few questions and from there you will be connected with 3-5 lenders and you can discuss whatever you want there. 

@Tobi Isaacs this would be better answered by other investors in your market. 

This worries me a little.

 This should be good.

My name is Shelly, and I’m excited to be part of this forum.

Hope this was helpful!  

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

Glad to be part of this network.