Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

I found a really nice brick building with 12 apartments, 3 commercial business units and some garages.

Hey Kolby, Nice to meet you!

I have met Eddie nice guy but i think your hunches are correct. 

HI @Tayvion PaytonCongrats on a nice portfolio you have there!

Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.

Looks like they had a nice outdoor event.

I’ve seen Windsor hills and it looks nice, hoa seems high though.

The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)

Provide the scope of work done to the appraiser.All you can do is your best, so make it nice and pretty for that appraiser.Especially if you are looking to cash out refinance shortly here.