When it comes to tenant screening, you're right that using a separate tool can often provide more thorough checks.

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

And the tenants still lived there, they had just been putting old mattresses, broken furniture, and crud there for years.

We use RentRedi for tenant screening and management, lease documents, automated late fees, messaging, maintenance requests. 

It's great for a landlord if the tenant is properly screened. 

As far as renting, I'd say find a good neighborhood and do good tenant screening. 

Quote from @Reed Rickenbach: John - as long as you are still following strict screening criteria I agree for single family.

It's difficult to see how a tenant will be after screened and signing a lease.

The key is the upfront tenant screening process.Do you have an estimate of the ARV once you're done with the rehab?

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