The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.

However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.

Suggest you give your new PMC copies of your property deeds and a letter from you, the owner.

RW discovered that most clients shop with a "what are the monthly management fees" approach and not a "what are all of your revenue streams" approach.RW competes with a very competitive flat monthly management fee but then charges a minimum of 1 full month's rent for leasing and a host of other fees. 

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

And a few people who responded on this thread have outlined really well why some people would prefer a turnkey property over a different real estate investing strategy.

I often have new investors tout cash flow without considering all the cash offsets and, as such, what might seem like a great deal is really not so great.2. 

As you mention big difference between fraud and a bad investment.

So even though I lost a deal and commission I won loyalty and a client for life and became very valued as an agent and very successful by getting the money that was deserved and obviously, rightfully, morally and legally due to her.  

I also own some long-term rentals and a short-term rental.