I do not personally use him based soley on the fact that the firm is virtual.

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

Best neighborhood and best assets are subjective and largely based on the individuals capabilities (balance sheet, skill set, time etc.)

We have tiered returns based on investment amount and time in the deal.

My favorite calls are from prospective clients who have been with another company - they know what matters to them and I know a lot about how the relationship will go, based on what they've experienced with another PMC. 

Look at all of the costs and then all of the revenue and make a decision based on that. 

Set clear and consistent application requirements so you can base your decisions on solid facts.

I'm an investor and Realtor based in Central NJ. 

The cash on cash return is only meaningful when you evaluate it based on your long term plans.

I think the most I could possibly get monthly out of the property is 1000 based off of rentometer, zillow, and BP.