Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

I am closing on a new build in NW CC this Friday, and need to rent it out for a couple months.

HI,I was curious to hear from other professionals, when you have a tenant for a couple of years, and then he wants to add a new person to the lease, what steps would you take?

A couple of caveats though:*I've been doing this for 5+ years.

You'll receive a hearing a couple weeks after filing in court. 

So cash flow is my least preferred of the RE return sources.  

If you have a network of a couple consistent buyers, that's all you'll ever need.

I had a couple questions if anyone's willing to weigh in:1.

Apparantly that didn't work out for them either as they sold all their properties a couple of months later.

That said, I prefer Chase since they have all the functionality you’d need.