@Benjamin PekarekOld timers like Bryan have typed books for answers and over time you can recognize the short hand folks like Bryan use as the experts ponder the responsibility we all have to help new folks avoid big problem areas vs being verbose for no benefit.  

Joe Bertolino Be certain to recognize that state laws vary greatly. 

Thank you for your advice and your genuine desire to help others.

Thanks to everyone for all the responses, and its not so much a tale of complaining, but more genuine curiosity about what others feel works in our market.  

One thing I've noticed across the real estate community is that even though its pretty competitive, is that everyone is very helpful and genuinely excited about the success of others.  

It amazes me when property managers don't recognize how cost prohibitive some of their services can be, however, I don't know what margins their businesses are running on.May I ask you a follow up- You said you included these performance metrics in your RFPs, what % of management companies responded And were actually willing to take your ideas seriously (of course allowing for a little negotiation). 

Regardless, I/we recognize the problem.

We continue to be recognized as an industry leader and are awarded and vetted by reputable institutions in our industry for same.

They send the proof of funds over with everything blacked out except the name I recognize as a prominent investor in Los Angeles, CA.

I recognized everything they were doing and still felt the desire to buy in, even though I knew better.