Don't burn them on a bad property.

The short/mid/long - term strategy is a continuum with stability/energy being directly correlated to income, in my experience.

I clearly know my stuff BUT that's the thing, I am way too busy DOING transactions to run around burning time doing BPO's unless they are for my clients and connected to something actionable.   

Both of these guys have so much energy and enthusiasm.

Also factor in your capital, time, energy, skills, and other resources.

It's saved me so much time and energy.

Account Closed In my experience, once you get burned a few times as a landlord, you develop your own "deal breaker" rules that you stick with as a policy. 

You are building a plan on paper and paper can burn or blow away.

Just think about the worst damage a tenant can cause, such being liable for setting your rental house on fire or burning down your rental house and the neighbor's house, etc.

They've obviously been burned in the past.They also really don't value PMCs and probably think they are way smarter than us.But, why haven't they started their own PMC yet?