Much of what he has written is factual or makes logical sense, while most others shared what works for them, without considering the big picture.So, let's try to sum up your options:1) DIY Tenant PlacementPROS: Save moneyExperts know legal & regulation issuesYou have final decision, but can't blame anyone but yourselfCONS:Your lack of tenant screening knowledgeCostLack of legal & regulation knowledge2) Hire a Real Estate AgentPROS:Local expertsYou can still DIY manageCONS:They often lack detailed screening knowledgeThey may not know all PM regulationsCost3) Hire a PMPROS:Should have thorough tenant screening process better than all aboveShould know all legal & regulatory issuesShould give limited tenant-performance guaranteeCONS:CostYou usually don't have inputCan you trust them?

There were a few surprises in the house that brought it from a home run to a solid base hit (electrical, plumbing, foundation, water, concrete, etc...) 

The entire state is run by a one party tax, spend, and regulate government which results in a terrible business climate.

Then there is the plumbing for the drain $50 some tile that needed to be replaced , grout , caulk , some lumber .

In the past, one of the primary ways private companies raised funds for real estate investing was through Rule 506 of Regulation D.

State/County Parameters - Pro Investors State laws, positive immigration & growth, county regulations, POS and Property Taxes, etc.3.

Alot of people that pay less for plumbing work end up paying twice in the long run. 

Read your HOA docs for what is covered on plumbing repairs usually depends on location.

@Rick Oaks hey Rich, call Shelby at Loftin Plumbing.

We put all new window, roof, siding, HVAC, Electric, Plumbing, basically everything new.