Avoid them like the plague. 

To avoid going through the same poor experience, keep reading.Even if someone give you a referral, don’t make the mistake of assuming that PMC will meet your expectations, just because they met the expectations of the referral source.We also can’t believe how many owners hire the first PMC they speak with!

Or putting 20% down in a conventional loan so you can also avoid PMI. 

Avoid surfaces that can stain or feel cheap like low end LVP.

Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!

Self-managing from out of state has been doable, but the challenges have added up, and I’ve realized I’ve missed things that could have been avoided with closer oversight.If you’re just starting and don’t already have a strong local network, I’d advise against self-management from out of state.

Just be sure to be prepared to get legal advice if you run into grey areas that you are not well versed in to avoid legal implications.

I will probably avoid these guys for the moment, as I would hate to have capital tied up in lawsuits.  

You’re in a win win situation no matter what however I guess you would also want to take in account any major cap x repairs that might be coming up soon in the future you might want to avoid paying. 

Alex,The mortgage remains in the borrower's name, so it’s crucial to avoid triggering the acceleration clause when transferring a property into an LLC.