I have only 3 doors that I manage so not a big time player so wanted to start with some cheaper software and I heard on the podcasts that RentRedi was included in my pro membership so I signed up.  

I would also urge you to make sure you fully understand how they operate , A-Z (from how they make their profit to how many doors they are managing). 

Lastly, there will be no management fees!

(With invested capital, this matters, plenty of people are worth "taking a shot on" in other capacities, just not with respect to managing my money).2) "Is this investment where I'm giving you money the top priority in your professional life?" 

I follow the letter of the law( no matter how much I may not like it) that's part of my risk management and my reputation.

I started my career with the renovations team renovating the houses we buy, and with the property management company working with our residents and our maintenance teams.

Doing real estate and managing other peoples money from a fund are two very distinct skillsets.

For my POH park I have a hourly PT maintenance manager who keeps our rentals in shape. 

You need to work with a property manager that has experience with this, unless you plan on doing it yourself.

Hi All, Not sure I'm posting in the right place but it says this is the Rental Property Management Forum, but it's about the business end.I'm looking for some guidance from other PMs who have created a profit sharing bonus program with their staff.