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!

I assume we wouldn't want to use one of our three selection properties on a property that could sell to someone else soon once the 180 days begins.What if I get a property under contract and the 180 day closing window begins, then the seller backs out?

The properties will be selected from their rental registry list.

In the case you selected that text from, the existing unit does not meet the setback requirements of another section.  

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!

We do plan to require the tenants to carry their own renter's insurance, too.What did you look for or consider when selecting your landlord insurance?

Something where I can make selections such as limit to topics only or include the bodies.  

I'm focused on a few select cities within the overall KC market (Raytown, Independence, Gladstone, and River North).I made a trip there in late April to interview people for the rest of the team.

You could do a selective cash out refinance on one property to give you tax free living cash.If you do sell you'll want to do a 1031 exchange if you can so that you can avoid tax on all of your gain. 

Thank you in advance for your insights.How are you selecting properties?