Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.

Do you due diligence when selecting renters!

One, as a lender, could require the use of an insurance company selected by the Lender!

You can invest in any market selecting the ones that you believe are seeing the most growth, and do it from anywhere.

I am fortunate that I do not owe on my duplex but we’ve handled selected two tenants that fit with our lifestyle and therefore have the other side rented at under market value.

The final problem I have with their style is the location selection.

As we already stated, given the amount I am approved for the inventory selection at the moment is already really low.

The property easily can be monitored from a mobile phone, tablet, laptop and/or desktop, and the software has screenshot and video capture capabilities, as well as the user being able to access and play historical footage from all or selected cameras simultaneously, if incidents need to be researched.What was the outcome?

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!

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