The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

Plus I recently got a brand new calculator, wanted to see what out of state investors though the most important aspects of deciding between to similar rates cap rates in 2 varied size apartment. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Avoid going for the cheapest properties, as those often come with higher turnover and more property wear-and-tear.Rental Rates vs.

I’m looking for mentorship from other investors in this forum to help me identify deals, help avoid common pitfalls and learn from failures. 

Im trying to avoid being the bad guy here, while still protecting my investment.The insurance company requirement is a great tip.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

The re-leverage aspect is now at my opportunity.

If they seller finance, we have the deed, but they cant 1031 because they would need to find a property ASAP which they want to avoid.

If you buy multiple properties, you can spread out your risk and avoid putting too much pressure on a single investment.