Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

And, appreciation is always a nice bonus.I assume a long term hold is your plan.

Nice having all my information organized and easy to find as well.  

He made a nice fee (more than Brad and Rod's combined).

Once you mention that their voucher may be taken away in an eviction, they normally get their act together.That’s a nice formality you have there!

I spoke with Daniel E who seemed like a nice guy but as I learned more he told me there was a $1200 yearly fee to be a member.

A friend of mine in Austin once negotiated a partial buy back option when the seller realized they might want back in if the market soared.. from what I read in Bloomberg, that approach can work well if both sides trust each other.If the tenants’ rent covers your carrying costs, that’s a nice cushion, but you still need to clarify that buy back clause.

I was shocked to see what is going to be a nice high-rise complex about 50% complete in shambles.

Have a list prepared around a nice area of houses that you have selected that will fit your criteria....maybe see the insides of one or two?

I bought a Class A (nice Indy suburban home with excellent schools) in 2013 and it's appreciated (doubled in value from 2013 to 2021) and I'm positive cash flow because of my low interest rate, 3.875%.