For those who have used a  PM and changed PM, what questions did you ask to evaluate the new PM? 

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.

Evaluate rehab costs conservatively and explore financing options.

What I recommend is looking at it over a longer period of time like the previous year to evaluate it.

You should find a reliable rehab calculator and learn how to use it to evaluate the true profitability of your flip.

That experience will definitely come in handy when evaluating properties, estimating renovation costs, or managing projects.Feel free to reach out if you have any questions or need advice as you get started.

Evaluate your financial position and obligations.  

., 1960s-1990s).Evaluate potential maintenance issues and the adequacy of contingency budgets for older properties.

Hunter,Couple additional thoughts here but you will have to evaluate if the juice is worth the squeeze.

It sounds like you’ve got a great foundation with your business development and marketing background, those skills will definitely help when it comes to evaluating deals, negotiating, and even managing properties.