While it appears many rookie investors tend to struggle to hit the ground running due to lack of capital / financing, I have the opposite problem.

After signing up and when it comes to managing the property they do the opposite. 

For example, I would place one in the game room if it is located on the opposite end of the hallway from the bathroom.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

EDIT: Asking because I would've thought the exact opposite. 

So if the short term rental is the first floor might be less likely to cause annoyance vs it being on top or if the beds and living  rooms are side by side or opposite ends of the building. 

Thank you for sharing.Ironically, we have had the opposite impact from the poor management of IHA.

It's the opposite.#4:  Your clock example isn't a Rule of Thumb, it's an example of facts. 

Perhaps it has something to do with the statistical average where in Australia, if you are borrowing 75% on property in the cities or suburbs, it is almost impossible to get positive cash flow ANYWHERE, whereas BP subscribers are aware that in MANY parts of the USA, the opposite is true.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!