We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Its probably a little ambitious to think we could 'define' turn-key but the discussion has been good and points to the bigger issue that there are far too many companies who have done more harm than good.

However, I don't see any harm in starting one right away so long as the expenses aren't prohibitive (like California's $800 annual franchise fee).

You can reassure buyers that they did get a fair price and the deal was a win-win.Otherwise, if others think you're a super successful real estate investor, what's the harm in that?

Even if they've been a loan officer for 20 years, if they don't do many commercial deals, they will do more harm than good.

Similar to farming subsidies or business bailouts, whenever government attempts to fix prices or intervenes on fundamentals of economics, more harm is done then good.Our business for one, will not be investing into C class assets anytime soon.

I am glad I proofread it before clicking send because it definitely wasn't necessary to reference my inside information, and it could have caused unintended harm.

The logic is unassailable: if you cause someone significant financial harm for an overriding public reason, you should compensate them.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.