Focus on finding a replacement with strong tenant screening processes and performance guarantees.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

For higher-end properties in Cincinnati, everyone seems to claim they can handle it, but then there are performance issues. 

If it is later found to be the work was not performed according to code or properly repaired, we will seek damages from your firm since you knowingly hid this from us and would not allow us to understand the extent of the damage which occurred behind walls.Thank youThis way you are putting them on notice that you were aware damage occurred and they did not allow you to properly inspect it.

If your goal is cash flow, then your best bet may be to live in it for 2 years, and then take that tax free gain (250k single person, 500k married) and buy elsewhere. 

I’m hoping to find more success in Phoenix, but as you stated, the old fashioned way may be my best bet.

Your best bet is to keep liquid cash and avoid PMI.

Quote from @Brandon Croucier: No need to be paying an upfront fee to a lender.As a lender it is our job to perform or we do not get paid. 

Summary: I’m currently working on a project to analyze rental market trends and help real estate investors, landlords, and property managers identify high-performing areas.

These properties also offer you the opportunity to perform cost segregations which help with those current taxes.