Hi Everyone,I own 8 units in Cleveland and recently my property management company has been choosing vendors that charge extremely high prices for any fix. 

There is the those that have to sell and yes they are probably selling it distressed or a forced sale- but as you mention if you look at this listhttps://www.nmhc.org/research-insight/the-nmhc-50/top-50-lists/2023-top-owners-list/These companies may have some strategic liquidations but they can ride this thing out.It’s the syndicators who promised people cash and took at short term debt because they played the lottery thinking they could flip a multifamily building thinking prices always go up and cannot now handle the debt burden.

Report back what steps you accomplished today and each day.

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

I have a different take on credit reports.

You can be sued if it traces back to you, and the FTC will not play around with this.This is why every legitimate company DOESN'T do it.As much as I want to help, it's unethical, and I hope you understand.

For someone with your background that has built companies, I can imagine completely handing off control in a syndication may be challenging.  

Also, there was a pre-move in inspection by a management company and no statement of cat urine smells or smells of any kind were noted.

These companies do not have the type of oversight or reporting requirements that public companies have.

Is it a violation of forum rules to discuss the possibility of partnering up with like-minded property owners to form a privately owned property management company?