Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

Doing business with family can put a lot of stress on the relationship.

More repair costs because their maintenance team somehow "missed" things during the initial turnover.At this point, I genuinely started wondering what exactly the 15% management fee was for.The Bottom LineLook, I get it—REI Nation is a business, and businesses are here to make a profit.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

While personal loss is difficult and understandable, running a business that directly impacts property owners requires a contingency plan.

I am a general business major and also currently working on obtaining my real estate license to become an agent.

I am a business loan broker and there is a way you have to apply in order for it to work.

Of course, the smaller the property, the more necessary that you see every inch of it because there isn't a business running on top of the land like large-scale multifamily, self-storage, industrial, and more.

They have been managing fine, although not too busy, I guess because of the market.

I have recently been made aware that I get straight to business without really concerning myself for the sellers side of the story and when you have the sellers problems, goals, etc.