This saves us so much time and aggravation.5) Find an HVAC company and a plumbing that are use to working with landlords and who will schedule directly with your tenants.6) Get the bookkeeping done for your hud statements in whatever accounting/management system you select and keep up with the bookkeeping from the start.I actually love text for dealing with tenants... you get instant communication and a written record of all agreements.

@Xavier AlicheEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I self manage but was very selective on the tenants.

. :)I recommend you only sign one-year leases and that you include a clause in the lease that any renewal or extension may come with a rent increase.

One of the biggest benefits when you buy a building with vacant units is that you get to select your tenants.

Agents Have an Extensive Network of ProspectsAlthough you’ll avoid agent fees, selling your house by FSBO may not give your property the exposure you need.

Of the 9 I selected, I narrowed them to 3.

The buyer agreed and asked for a slight extension to the closing date to meet the legal requirement for the time needed to evict the tenant, and we agreed. 

And it's quite scary the power a couple grumpy board members have ... with zero skills to qualify, some of these folks manage (mismanage) massive budgets and pass rules that only favor a select few.

Also, they selected no more than two cities per state to feature in its full list available at realtor.com®.)The following markets topped its list for home flipping meccas:1.