To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.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 already have a few GC/contractors lined up who have experience in rehab projects.

But the upside is, the more you underwrite and think about these things, ideally with some real world experiences behind it to confirm your assumptions, the faster it will go next round.

Enjoy!

Learned so much from this experience and can't wait for the next one!

I have done deals on my own, but I also have enjoyed partnering in my own journey for this very reason.

I'm a very new investor and wondering if anyone here on BP has experience with Rondo Investments as a PM in Detroit.

@Kim Huynh - lots of insurance brokerages use the same carriers so it is likely that it is going up a lot everywhere (that's my experience).What I have done for a bunch of years is to partially "self insure".  

I manage around 400 rentals with 14 years of experience and have never been sued once.

But I wondering how difficult is it to get a DSCR loan without experience building or buying rental properties.1.