G'Day everyone,I never in a million years did I think I'd be writing this but life and business can be funny sometimes.So we hated property management for so long because it's a very "thankless" gig.Tenants complain things aren't getting fixed quickly enough and landlords complain that things cost too much to fix lolAnd the property manager is stuck in the middle.Long story short, we had to set up in-house property management because that was the only way in our opinion to have a successful turnkey operation.Fast forward 10+ years and "what do ya know"We love PM....The residual and predictable income.The recession "proofness" of the business model.The value it offers to both tenants and landlords.And off course the profit margins once you hit an economies of scale standpoint.We have also fine tuned our operation over the years to almost perfection and established ourselves as the #1 rated property manager in Toledo.Systemize, optimize and monetize is what we did.We are now at a point where we could like to focus on mergers and acquisitions.Yep, I kid you not lolI'd like to buy other property management companies that don't know what they are doing just like we didn't I guess for the first 3-4 years.Looking to stay close to home in Toledo to start.I spent some time cold pitching local companies but they are all too proud to reply in their incompetent management style and prefer to continue running a scam.Any advice from other PM owner folks that are more experienced/advanced than we are would be much appreciated.Specifically on how to find an owner interested in selling.Grazie mille for reading and I'm looking forward to your reply 🙏

I wanted to make everything perfect BEFORE I took action - that is the wrong mindset.Go out and prospect for some deals!

Out of this, close to 40000$ was cash and crypto.

It should always be perfectly clear how a company is making their money. 

However, if you have limited capital or a less-than-perfect credit score, you may need to consider alternative financing options.One alternative option is to use private financing, such as a hard money loan.

As far as replacing all the counters you should be able to replace the one side and get a good enough if not perfect match.

Perfect, right?

Even though no one is perfect, we want to try and stack the odds in our favor. 

And, it is perfectly fine to sell one property and buy several replacements in a 1031 exchange. 

I could do one trailer but we'd be talking perfect location and amazing cashflow, and then again I guess I'd really be buying for the location