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!

My question for you more seasoned investors is, what policy terms must I make sure are part of the policy I end up selecting to ensure maximum protection of my asset?

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!

And also engaged with institutional investors on a regular basis.I'm highly entrepreneurial and figured out that what I really want to do in my professional career is US multifamily investments.What I've done so far is selecting the markets I'm interested in (in TX), building a comprehensive financial model to analyze deals, and creating a very detailed due diligence list.

BiggerPockets has a section just for this, Under the BUILD YOUR TEAM tab- then select- MEET UPhttps://www.biggerpockets.com/forums/521Best of luck to you!

I strongly recommend North Jersey as you'll get way more bang for your buck and your open to a much wider selection 

There are various makes, select one that is overbuilt if you are putting it in a rental.

Once you know you have selected the best market, then analyzing the deals comes next.

Then hover over services, a drop down box will appear and click select short term rentals.

Quote from @Chris Seveney: @Mackenzie MaeI have no clue who either party is- but if one party throws shade at the other they have a right to defend and let people also know if it’s been settledWhat private information did he put in the post?