Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

You'll get an idea of the rate, the down payment required, do they want an experienced manager to make the loan fundable at close- where would you get this person is it you?

I personally like Mechanicsville and Pittsburgh area. 

I personally had one go from $771/mo to $1250/mo.

We personally don't close on properties unless they are vacant at close.Ask yourself, "What is the worst that could happen in this situation?

But not having someone there with the properties interests in mind to verify the work being done is quality would personally make me uneasy.I would definitely look at a local PM for the long term and then after the first year and hopefully the first round of renewals you can make a more educated decision as to whether or not to keep them around.No matter what you decide to do, congratulations on the investment! 

However, I later found out that he lives internationally.His first draft was missing many important terms, such as those regarding lead-based paint, Megan's Law, etc.I questioned his qualifications for this job, and he assured me of his capabilities.I'm attaching his final version here. lease agreementI removed personal information in the contract. 

Namely: the company is very good at communicating portfolio performance as well as any foreclosures and what is happening with those. 

That leaves you with personal loans and builder financing. 

This is easier than you think.Not commonly done for 1-4 unit residential, but very common for commercial.If you need a 35% capital injection, you find the human person with that capital.