One last challenge is their estimate of property taxes - they are all VERY low:(Michigan has some interesting property taxes because there's a Taxable Value and a State Equalized Value, as well as Homestead and nonHomestead millage rates. 

The county raises property taxes on me ...

I have seen it many times where a borrower goes to another lender or broker for a better rate/lower fees and they could not deliver on their promise...

You still must pay for your own principal certificate, books, crash course, state exam, state application fee, fingerprint fee, and any other fee needed.

You'll pay no tax on gains below $250k (single) or $500k (married) if you lived there for 2/5 previous years. 

They can help navigate the complexities of the insurance process, ensure you document losses correctly, and negotiate with the insurance company on your behalf to maximize your claim payout.When interviewing public adjusters, ask about their experience with similar rental property fire claims, references from past clients, and their fee structure.

As an aside, they can save 6% of the sales price in real estate agent fees by selling to you.

They get scared of the mortgage, maintenance, property taxes, etc. 

@Justin Holley it all depends and there is a lot of flexibility.Our PMC is able to pay insurance & taxes for owners as well as utilitieis on vacant & MF properties.The only thing we shy away from is mortgage payments - too much potential liability if we pay late due to our error or owner portfolio doesn't have needed funds.Pretty much anything specifically related to a property should probably be paid via the Property LLC for easier accounting/tracking.

Some of my properties I had lived in for 2 out of 5 years and they were Tax-free up to $250,000.