I just wanted is sue a warning against one such company - due to the egregious manner in which he exercised his predatory practices  - in the guise of a legitimate company!!

my SS deal is one of my participation deals were I provide the capital to the operator via a debt instrument then take a participation as part of the note agreement. 

You are going to be $15k poorer with nothing to show for it. 

Hey hey @Hudson Filippi - Welcome to the BIggerPockets Community!  

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!

Just curious.If you are going to pay a PM, just be aware that you might not make any money on it.I just use a spreadsheet.

If you do not report these earnings to the IRS, you can incur IRS penalties as high as $580 – for each worker ($290 for not sending it to the IRS + $290 for not sending it to the contractor)!

Made sure to check the ledger and T12 to ensure that the tenant was qualified correctly before purchasing the property.

It’s unnecessary and potentially problematic to add the ex-partner to the title before the sale.

Hi everyone,Curious to know if anyone with 10+ listings recommends a property management software that will keep up with scale, as well as could work well with Direct Bookings?