Federal lands come right down basically to the city limits and subdivisions are nestled right up against them.. so you could sprawl there.out east there are very few federal lands close to housing .. so that makes zero sense.It only works in the West from Rockies to the Pacific and select areas.

Four of the major criteria they consider when selecting a location are:Low crime: Companies are unlikely to establish new facilities in high-crime cities.

@Taylor Dasch, I think it will depend on the market you select (always should run the numbers yourself as well), but my Akron property is expected to bring between $200 and $300 / mo after PM fees.

Assuming the S Corp is an LLC, could you consider keeping the properties in the current entity and revoking the S election?

My suggestion would be to select someone with the most forum posts or most reviews.

@AJ WongWe invest in defaulted mortgages and are very selective where we invest - one no go for us is typically flood zones.

Who is responsible for screening and selecting applicants? 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In 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!

@Sanjeev AdvaniIn 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!

Never buy any property without physically inspecting it and its neighborhood yourself, AND having it thoroughly inspected by a great inspector who YOU select and pay for.