@Nick Causa - I'm local to central CT and invest/flip/run a property management company.  

my wife's company has had no less than 2 webinars a week addressing this and how to manage it they had the Lawyer for the Oregon association give a one hour presentation. 

They had a tub faucet repair and the plumber charged $65, fine, then everytime a repair is done- the management company charges me  $487 to supervise the work of a reputable A+ company!

A little back story on our company is that we are a real estate investment company and we are currently working with several VC's to secure funding.

(If the company is legit)I looked them up and IG has 19 followers and FB only two reviews.

I would prefer a brand new or newer home as I would be managing it from Miami and rather not use a management company. 

Did you every find a quality management company?

I like my property management company.

I'm a few days from closing and when the title company sent out the settlement sheet with the security deposits and prorated rents as a credit to me from the seller my bank went crazy.First they said I need an addendum stating that the seller is crediting me.Then they said I need an addendum nulling that addendum because the seller can't give me that as a credit.

I would talk to Jeff he is an expert in southern CA lending.In the day and the day was long ago for me.. but we did all our loans as fractional in the SF Bay ARea were I had my company.