I am in @Chris Clothier  camp on this one.. a measure of a rental property in a given market needs to be done in year 3.. with a report on year 1 and 2.buying a rental and reporting rents for the first year is quite misleading.. as the first tenant is brand new the house is brand new.. and 80% of the time or more the first year is a cream puff  LOL.so for those that watch along and say hey I am going to see what happens in the first 6 months and if its good I am going to jump in.. well that simply is not enough time in this business to fully understand a property or an area or PM company.. we are all rock star's first year or so.Chris often mentions those that given one year rental guarantee's  he will say  ya ask them to guarantee year 3..

They have to upsell you to the larger packages, it's the nature of the business so you can't really fault them for asking you (or anyone else) for money. 

Until I’m convinced that the client is “ready," I will naturally gear towards conservative advice.How can you prove to a professional that you are a “sophisticated” client?

Just different exit strategies or does the cyclical nature require the get-in/get-out at the top in certain markets?

Hello all, I have a 3 family house in New Bedford,MA and I would like to change my gas space heaters to a forced air system. Does anyone know where can I get help/more information about this? I know a lot of multi fam...

Are owners typically familiar with code provisions of this nature?  

Instagram because of its highly visual nature and the fact that things can be so easily shared.

.— (a) There shall be exempt from forced sale under process of any court, and no judgment, decree or execution shall be a lien thereon, except for the payment of taxes and assessments thereon, obligations contracted for the purchase, improvement or repair thereof, or obligations contracted for house, field or other labor performed on the realty, the following property owned by a natural person: (1) a homestead, if located outside a municipality, to the extent of one hundred sixty acres of contiguous land and improvements thereon, which shall not be reduced without the owner’s consent by reason of subsequent inclusion in a municipality; or if located within a municipality, to the extent of one-half acre of contiguous land, upon which the exemption shall be limited to the residence of the owner or the owner’s family;Florida statutes provides:(1)(a) A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or her, is entitled to an exemption from all taxation, except for assessments for special benefits, up to the assessed valuation of $25,000 on the residence and contiguous real property, as defined in s. 6, Art.

If you are looking for a strong and steady rental market I am in Little Rock and recommend it. 

My two properties are his only other properties, so it is more natural for him to keep the same standards rather than someone who manages a bunch of rentals for others.I tend to like the smaller managers who don't operate a ton of buildings, especially for smaller buildings (would be different if you are talking a 50+ unit apartment building).