Is this true?

Without that they can say anything they want true or untrue.

In the meantime, if anyone has any techniques they use that work well, I am all ears!!

After several meetings with potential property managers, I am a bit discouraged to learn of the reality and make some financial calculations.I  have got an idea of the general expenses of a landlord for PM`s help:1 full month rent cost when PM to lease it3-5 weeks to rent a property (1 month's rent lost on vacation)10% of the monthly rent to "manage" it... essentially collect the rentBy these calculations, this means that 3 months have to go by before the property owner ever sees any of the rent.So let's do the math for a 1-year breakdown on an imaginary property that rents for $1000/m and would bring in $400/month in cash flow before property management.Costs:$1000 (no rent while vacant)$1000 (cost to lease)$1200 (10% management fee for 12 months)$3200+ $4,800 (Annual Cash Flow Before PM )- $ 1000 (Lost Rent during Vacantcy)- $2200 (Paid to Property Manager) $1,200 (Actual Annual Cash Flow for Landlord)... and this is true if the Property Manager never does anything except collect the rent!

I have learned that referrals are not always true and I need to vett the individuals/realtors out properly and better.I have also learned that I need to breakdown my designs into a format spreadsheet report that captures all associated costs related to details in the beginning stages and not wait on my realtor to ask for the report.

It is likely that will be true.

It's the stigma that FHA is only for people who have only 3.5 down to give which is not true.

This deal seems too good to be true.

This cannot be a true story.

It sounded to good to be true since I’ve been turned down by a lot of other lenders.