As the bad apples make everyone look bad and be presumed guilty of malfeasance, which ultimately means less investment $$$ and longer due diligence cycles and legal costs. 

This is why Cap Rate is so important, and ultimately cash on cash when you overlay financing. 

Just double-check with the Illinois Department of Financial and Professional Regulation (IDFPR) to make sure you have all the specifics covered.Managing Broker and Deal Visibility: Yes, typically if you hold your license under a managing broker, they’ll have visibility into your deals since they're ultimately responsible for the transactions you complete.

They are there to help you as you have requested, but it is still your business and you yourself are ultimately accountable for its success or failureLetting your property manager own the property listing on Airbnb is like a head chef letting the dishwasher set the menu at a fancy restaurant.

Never heard of that but ultimately its their money and their rules so how do you argue.I did try pushing them to seller finance but they wanted 100k down and I just don't want the property that bad to where I have to tie up my cash for the down payment plus the rehab to add the additional units and fix the place up. 

.: Popular question and it ultimately comes down to what you're looking to solve for with a PMS.

Ultimately I found that to be pretty disrespectful of my time.

The interactions were mainly me sending places I wanted to go look at, and making offers with very little guidance from them, ultimately only to lose out on the bid.All in all, I've learned that being this early in my investing journey, I need an agent who is not only familiar with investing (or is an investor) but will reciprocate the same dedication and drive. 

Like many real estate projects, we expect her to bring:- Joy- Wonder- Tears- Unexpected Costs- Anxiety- FulfillmentExcited to embark on this ultimate life project and grateful for all the support as we “build” our family!

Our ultimate fear is that we dump $50,000 into this property for a very small return.