Just got off the phone with another DIY landlord looking to hire a PMC.They really didn't like our response to their question, "How long does it take you to find a tenant?"

I'm calculating for prop management even though I would likely owner-operate because I need to make something off the deal if I am focused on cashflow, especially if I scale and actually need to hire a manager.Given that interest rates in the area are about 7% and prices for single family and small multifamily have doubled (and tripled) in 7 years, the barrier feels way higher than it really should be.

I was fortunate we all got along and they hired me full-time 2 months later. 

Being that I am an accountant I cannot advise towards or against any firm other than I will say to make sure you do your due diligence on any firm you hire.

If you can't find a property that cash flows with real underwriting numbers, 8-10% vacancy, 8-10% property managment (whether you do it yourself or hire someone, you still need to account for that time/expense) then don't buy it.  

Make sure your financing is in place, and consider whether you’ll manage the property yourself or hire a property manager.

We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.

Hire a public adjuster. 

These markets are still affordable and offer promising ROI.If relocating, aim for landlord-friendly states like Texas or Florida, and think about whether you'll manage properties yourself or hire someone local.Good luck!

I just hired a lawyer to sue them.