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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I have never dabbled in mobile home parks but I know that @Brandon Turner just bought on in Ohio if I am not mistaken.

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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

@Michael DeAquino See my reply below, mistakenly under @Channing Brand

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

I believe she said $2,500 and another amount if I’m not mistaken. 

:) And makes me think my next post will be commonly mistaken "lender terms vs Investor terms" hahaSo would these lease terms be taken into account on all loan types as far as new purchases or refi or HELOC?

If I'm not mistaken, the Section 121 exclusion allows for a tax-free gain of up to $500,000 on the sale of a primary residence.If a seller who is married filing jointly that is selling there primary residence own over 2 years own property free and clear and wants to sell the property for 750,000 and agrees to hold a 2nd mortgage for 250k would they need to pay tax on the 250k that year? 

Also we had another property pending one point that was also a short sale and the EM wasn't requested then either before bank's approval - hence understood that was the protocol, but I guess was mistaken on that one.I don't think we were too high maintenance buyers at all actually.