I interviewed a management company and they initially told me 4% (in addition to paying for the site manager and maintenance salary). 

This literally just came up today because she wanted my agent to give me her contact info.I'd thank her for her interest, but let her know you're not seeking an on-site manager for this property.If you plan to contract with a Property Management Company, it may be time to interview a few more to find one that meets your needs.

I suggest that you interview a few providers and as you do so here are some issues to consider:1.

There is a longer version the VP and founder of this site wrote as well "How to Invest In Real Estate" Look for a black background with blue and white letters in the site bookstore or on Amazon.If you want some more good tidbits, want to hear some success stories and proven strategies, and want to be motivated listen to this recent podcast for newbies: https://youtu.be/XNrMOGuJ-wE Particularly the interview with David Green that starts around 1H:19M.The culture that @Cassi Justiz hit on is very real.

I would start interviewing other CPAs

Interview agents before hiring them.

I need to touch base for a long distance interview on a property I plan on possibly purchasing.Thank you.

Regardless of how you find them, try to interview at least three managers1.

So I've decided to create a book featuring 20 interviews with successful investors, and will offer them both an e-book and audio recordings. 

Regardless of how you find them, try to interview at least three managers1.