Quote from @Chad Swartz: Good question, BruceI have the same question so thank you for posting.

When I GC’d the drywall guys on this house, I was constantly stopping by because they weren’t showing up, or they had a question about something, or the process was going way too slow.

If they didn't figure out how to make money in some of the best years ever, to me it raises a question if they can even stay in business during the slower years like this year. 

In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

But to really answer your question - from an outsider's view - things have tightened up and continue to be tight....deals are harder to find, and interest rates make some good deals just average.  

Great question - goal is to eventually rent out both units to total $3400/mo - it would be closer to $2000/mo for the one unit until repairs are done and my lender is ok with it no longer being my primary residence. 

Bonus rule:  this applies to any investment or business that even HINTS at being a scam, below board, or ethically questionable - If you don’t know who the “sucker” is, it’s YOU. 

Feel free to reach out if you have any questions.

That begs the question are you seeing similar in your markets with either single family homes existing or new construction?