Friendly reminder to anyone else reading to carefully review your PMA before you sign it and before you decide to change property management companies.  

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do. 

I have loss GOOD TENANTS because they shared a porch with people they did not care for.  

@Danielle B be VERY careful with S8 "gurus". 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Be super careful.

And possibly even more money back if you did some of the work yourselves.So now you have a new home that you're living in that has probably 25% equity in it, you have a cash flowing seller financed property with no maintenance because you've sold it on seller financing and they're going to be taken care of the property because it is their property but yet you still benefit from cash flow because you are the bank.

It's a fairly unregulated space (charging grandma $750 to puts around for 3 hours, after moving the old box from the horizontal sensor, which was the only problem with the garage door to begin with), so some combination of carefully reading reviews (you have to actually read them to make sure it's not 200 fake reviews), and maybe not giving them the full contract all at once, is in order. 

I care about income waaaay more than cashflow.

I've always found inventory rates (and how they've moved over time ie previous 1-2 years) to be the starting point for where a market's health is at.