Quote from @Drew Sygit: @Charles MadduxEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Quote from @Drew Sygit: @Tom Saysithideth why would you trust an agent's numbers that is getting a commission? 

In the CE REALTOR classes I teach on the 203k, I always use the example that the lender is like the quarterback.

@Drew Sygit yes, that's exactly my thought but I was not sure if it was best to present this to a general contractor or for instance to get a quote from different professionals(HVAC professional, electrician, etc) depending on what some of the bigger issues the inspection report has.

They're basically wanting to make sure you could make the full payment if you drew out the max. 

Originally posted by @Drew Wiard:Riley,I know this is an old thread, but I am considering a VERY similar multiplex in Indiana. 

Quote from @Drew Sygit: @Razmig Yeremian why didn't you do your homework by getting the list of foreclosures being sold, then scope them out BEFORE you bid?

Typically the agent and PM will be separate experts to focus on each thing (otherwise they might not be great at either)Logical PM @Drew Sygit is a one of the most knowledgeable PMs in the area.

I'd recommend you talk with @Drew Sygit who is a property manager in that area.

The title of this drew me in, as I too have had my run in's with the city of Lansing.