You must use a PMS and for the software to work you'll need to own the listings, which means you'll need to also collect all the funds, so owners' rents don't get deposited in the wrong account (Yes, Airbnb makes that mistake all the time!!).

I made this same mistake when I went to buy "Sweet" Corn for the dinner I threw last time I was there.  5 ears for $10. 

Where I see mistakes made in the note space are:1. companies turn into marketing and education - they lose focus on underwriting and managing their business.2.

We possibly made the mistake of posting pre-renovation photos for the first couple weeks. 

From the sounds of it, I won't be making that mistake.  

It would be a huge mistake to help your friend get into this rental. 

Sometimes you realize you made a mistake for some reason and decide to make a change. 

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

You will make mistakes.

a lot of new investors pick the cheapest markets in the country regardless of how far away they are, and how much knowledge they have of them, and I think that's a huge mistake.