ONe of my clients I sold a few apartments to he pays 4%  to management plus the onsite manager gets paid by him as en employee to the property that way she can do tenant placement.In the mid west were most of the rentals of SFR's are located or at least talked about on BP here... you could not survive in the PM business without placement fee and 10%.People move pretty frequently in other parts of the country compared to here were we live.You can incentivize your PM all you want but when you tenants lease is up and they want to move you can't punish the PM for that..Also many PM operations in the mid west half to pay realtors or leasing agents ...

I mentioned previously, but the PM portal does not notify you when any changes/updates are made, so I find myself checking frequently.  

I need to be sure that I have cash on hand to deal with problems as they come up, and the few points of return that I might miss out on in the short term are fairly immaterial.Your question comes up quite frequently actually.  

I don't have direct experience, but this has been frequently mentioned at our local investor group.  

My area is hot enough that conventional financing loses out to cash offers frequently, so there's no hope of finding a seller to put up with the 203(k) hassle.I should really write this up into a longer article "10 reasons why the 203(k) is not as good a deal as it sounds".

What forum(s) do you frequent, and find to be helpful?

I frequently offer on bank owned properties in the MLS through my agent.  

The motion sensors frequently save the schedule from heating the space when it’s not required(ie, turn off heat when no one is around) and the reporting has provided me valuable info about the needs of the tenants.

(Not picking on Quicken, that's just probably the most frequent/obvious example we see on these forums)My market might be a little unique since that whole "transfer after closing!"

Dan, the topic of using self-directed IRA to invest in real estate is a frequent discussion on this forum.