Remember from earlier, rates/leverage/and pricing are based on "supply" and "demand" of capital and there was an extreme "flood" of capital into the market, all while quality deals were becoming scarcer.

Barrack's expertise, what I found missing was a mechanism that would cause the banks to make a choice that was against their long term best interest, that is not to restructure what other wise are quality loan(s). 

Even if you could boot a tenant, I don't think you'd have the best luck finding a quality one at the moment. 

On the other hand, if you're planning to go pro, you might want to gear up with the top quality up front, despite the high price tag.

When they tell me the current PM it almost always is a PM who discounts fees so low there is no way that PM can afford to provide quality service.

This also gives you not only a realtor's eye who will be thinking about resale values and quality of work from a renter/buyers perspective, but also someone totally independent of the work being done (contractors) and management.

Or those who can WFH at least most of the week can enjoy a quieter pace and better quality of life here, IMHO.

Or maybe put a different way, the spread of doing really quality work doesn't pay off nearly as much, as compared to a larger metro such as Des Moines. 

We are searching for good markets with a really quality provider. 

Does the quality of the client change the fee you would pay?