That is vital for someone who has never managed because you don’t know what you don’t know and these less than honest PMs see you coming from a mile away. 

(For example, if Tenant fails to pay rent on time or damages the Premises, Landlord has no duty to warn or notify Guarantor, and may demand that Guarantor pay for these obligations immediately.)

After you narrow down a few serious leads- the best of the best- interview them with a few questions regarding their experience, the scope of their duties, their rates, and ask about their most successful property management project to date.

Ultimately, the Board can be held personally liable if they have not followed proper practices, and adhering to their Fiduciary duty by meeting standards of the Business Judgment Rule in what they have done...or not done.

Offer to handle some of their more mundane but important duties in exchange for the opportunity to learn from the seasoned investors.

One of the main reasons I hide my last name in these forums is because it's absolutely vital that our credit score never takes a hit, so I guard my credit score mercilessly.

The strong GDP growth is indicative of the city's economic vitality and overall prosperity.According to census data, the housing landscape in Raleigh between 2010 and 2020 exhibited a variety of house types.

Networking is vital for off-market deals and try to mail letters to buyers

Most like to start transferring the duties of management over generally after three properties or when they start seeing the collections of rent not happening as initially anticipated.  

I am active duty military and my job keeps me on the road on and off almost half the year.