Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and being a realtor.

, 2) it manages the properties directly so there are many hands in the cookie jar, and 3) how/when/impact if "they" decide to liquidate properties and what would be the exact impact to me? 

I keep a portfolio of photos in my arsenal - not posting all of them - but switching out a photo periodically as it can trigger your listing to move up the list when a change is made on some of the sites.  

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.

And if this represented my total portfolio, it would be like starting over.  

Do they use pen and paper to record this information or do they have some sort of software to manage it? 

I have done several multiple property 1031 exchanges throughout the state for my clients who are looking to scale and improve their investment portfolio. 

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

My business partner and I actually own a portfolio of STR's in the area, so if you wanted some insight on that business I'm happy to share as well!

I manage my own portfolio and have worked as a PM for a very successful individual but have never considered managing other peoples properties.