I understand the basic concept but would love to hear your insight as well.2.

Yeah, we lost our Premier Partner as well but basically because lower booking numbers on VRBO and reviews not getting done by guests.I have never had to cancel a booking yet, knock on wood.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

George, I know several seasoned note investors who use Madison Managment and I am currently in talks with them as well.

I invest locally in the midwest as well! 

Since then I've begun to use the rent collection portion as well, which removes yet another layer of complexity!

It seems both cities fare well in those regards and are projected to continue to do well.

This way you can see their work and most will have customer reviews on there as well especially if they have a Facebook page. 

That held me back for same time as well but once you select your exit strategy and build your team you will be off to the races! 

I am looking to build my network of investors locally as well.