@Eli M. as long as it's a reputably company it's fine...just do a little research.

If it's still hard to find reputable tenants to rent out the property because it's in a bad area, then it's going to be a risk tolerance question.A potential upside would be that A home could increase rent/value if the area continues to gain popularity and desirability. 

It sounds like something of that scale should be attractive enough to draw some interest from reputable / qualified contractors.

"Investment home flipper" needs to protect their reputation.. so smooth operating rentals is how that is done.For me personally i would not mortgage the family home to buy investment property.. unless you have substantial cash savings to rescue you in the event of a poor experience  turn key or not.. you can mitigate the experience by buying the top 1/3 of a given market not the bottom 1/3  top third returns are lower on paper.. bottom 1/3 they are higher on Paper.. but paper proforma s are not actual s... so just be cautious of investing for returns.. this can lead to buying tough to manage property and properties over the long haul that don't perform as suggested in the up front materials. or your BP calculator whatever you use to run your numbers.

Long term players with a stellar reputation.

I see their poor reputation is not just here in TX. 

Once you find what that is and it is something that is missing in the market and you excel at, then its marketing that part of you and managing well to build a good reputation.

I’d like to find out if anyone in this forum knows of a reputable property management company I can use for a rental property in Buffalo NY?

For instance 1.58% vs 1.78% in my 2 main towns.Steve most of ours were in Clark co and its 1.78% so I took the liberty of rounding up.Molly Steve gives good advice you can probably even simply good transfer tax in LA and get your answer plus a reputable broker should know this off the top of their head..  

I don't know anyone reputable that will do that for a new client