Be careful about working with PMs who don't really respect investors.

It always takes a few years to establish cash flow, especially with the 1960s properties we typically buy.

I respect and understand your choice to find a new provider.

Its good that you've already established some target markets, I'd recommend diving deep into 1 or 2 markets, then branching out. 

In our experience that is what carries the day along with the area and the STR restrictions or lack thereof(a whole other conversation) that deems the valuations.Airbnb and VRBO have thought of this and are way ahead of it, we scaled quickly using these platforms for two high end STR that book out great, once we established that, we created a direct book website and are slowly pulling our repeats from that.

We try to work with the same subcontractors as much as we can - it's the only way to establish a long term relationship. 

(I will ask that, out of respect for our current tenants’ security and privacy, to wait until your viewing appointment before walking the property.)If everything above is agreeable to you, let me know your availability over the next few days and I'd be happy to take you through the apartment.

I started looking in surrounding areas and found that the markets less established or still rebuilding had much higher cap rates.

(Further context on the role, the business has solid marketing and network established.

Establishing a separate entity, such as an LLC, for your rental property business could provide more flexibility in claiming deductions associated with business-related assets like vehicles.