@Ray Williams It is impossible for a PMC to get liability coverage on a property they have no ownership interest in.So, just like your mortgage lenders, we need to be added as, "additionally insured". 

I am a new investor and I am in the early phases of putting a team together to break into the Cleveland, Ohio Market.I would really appreciate it if you could please post or DM those PM's/Real Estate Agents/Lenders you would recommend (and also those to avoid).I know PM's could make or break your business, so that would be the priority; I would however like to get contacts for Real Estate Agents and Lenders as well.I would also appreciate if you could share your experiences, knowledge (areas to invest; areas to avoid), general tips etc.Thank you in advance!

Examples of pitfalls include purchasing in an undesirable area, not understanding the market values (vs. list prices), not knowing the rental values (current and market), inheriting bad tenants, buying a lemon, going rogue on renting and management with no contacts / systems / no legal understanding of PA and Municipal landlord-tenant laws, not having trusted resources and contractors in place, using out of state lenders or shaky financing, throwing lipstick on a pig when renovating a house and wondering why it's ARV isn't increasing, tenants are renting, etc.

@Shaun Palmer - I'm a lender out of Texas and we've actually referred a number of clients to them.

Reject the candidate if the client selected the property.What were your primary selection criteria?

Conventional #'s by your lender.

It's worth checking with lenders to see if your current circumstances fit their criteria.Your combined earnings, excellent credit, and sizeable down payment should make you eligible for a range of lending programms.

I am hoping to build the best possible team of Lenders,agents,contractors etc for this endeavor and create long lasting relationships so we can all continually be prosperous.

I would also suggest talking to a couple of lenders now to find out if they see any issues as a result of the type of deed.

My associates have access to them plus databases, analyzers, Live zooms with lenders and more.