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!

It’s definitely still possible to make the numbers work with a Cape Cod rental, but you’ll need to be selective.

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

But in every deal there are decisions that need to be made on which risk to choose when selecting financing.  

Learn how to to screen and select a quality property manager that won't cheat you or mismanage your property (they do exist).

Put locks on each bedroom door so individual tenants have security of their personal belongings.You need a really good set of rules regarding shared common space, cleaning, kitchen use, bathroom use, etc.Be very clear about the rules up front, and selective about who you put in there.

Yes I pay more for her (around $10/hr) but you get what you pay for.If people message me happy to provide company name, what they do is they find the VA's and have them take Culture Index and other tests and they prescreen them, then you interview them and select the best fit

This team should consist of PMs, lenders, contractors, agents, and other service providers in the selected market. 

If you love it and are looking at it as a way to give back, keep your fees low and select students that you really want to work with over the long term.

The market of bank real estate asset wholeselling for example is very closed to a select few companies that invest millions of dollars, but when you see that big names like credit suisse invested over 150 million euros last year with one local bank's properties you have to wonder why these guys are puting so many eggs in this basket.