I have endured my states education and testing requirements which allow me to represent other peoples interests in real estate transactions.  

Diverse companies that will endure a recession.Arlington is a community east of Memphis that will be a great rental or flip area with a great school, but sellers have priced for that.New subdivisions going in around industry mentioned above in North Miss. in small communities there.  1-269 from Mexico to Canada through it and workers can live a bit further with that type commute.Personally we land bank ahead of those trends, but most investor sales here are cash flow rentals.There will be a local area or micro area near you that is doing a similar short and long term growth job growth, etc. 

For me, the only reason to be a landlord is if the property is well-located enough to attract decent tenants who are reliable, and you anticipate appreciation gains large enough to offset any hassles endured during ownership.

If you were looking to owner occupy a home you were going to stay in for a long time then it wouldn't matter as much if you bought high and had to endure some low's because eventually the market would work it's way back up.

No need to endure month after month of her moodiness.  

Real estate has endured the test of time! 

However, we have found that the larger homes for multiple families endure more wear-and-tear than smaller homes. 

Relay to him that you will pay full market value for his home and that he won't have to endure the payout expense of real estate commission.

If that many can still survive while providing such service, that tells me there may be bigger, more fundamental issues with the overall market that stack the desk against out of state owners, rather than just a sign of a couple bad apple PM's that we had the unusual misfortune to endure back to back.Since the commission on a single modest 1 bedroom apartment can be more than a years worth of PM fees, I get that any firm that does both selling and PM can afford to profoundly drop the ball on PM and still thrive.Maybe I need a dedicated PM?

Unless you have a great cash flow and willing to endure this.