We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It provides owners with, at minimum, a 30-day buffer in case something goes wrong with your tenant, as well as a reasonable sum to properly make repairs without having to get into potentially unpleasant or drawn-out exchanges with recently departed tenants.Conduct Regular Property VisitsEven when you have a phenomenal tenant occupying your rental property, it is a good idea to conduct regular property inspections.

I recently refinanced my first home (muli family) like a brrr and did a cash out refinance. My hope were to use a FHA loan for another 10% down loan.Now I have closed and found out my new loan is a FHA loan and that ...

Nothing can go wrong doing this.

@William MoyaI believe you are asking the wrong question here.

Sounds like it could take a while to figure out who was truly at fault in this scenario.Title agents can (and should) purchase additional coverage for these types of losses but the liability for wiring the payoff to the wrong account may eventually fall on a different insurer or party here.

Maybe I’m thinking about it or going about it the wrong way but I’m going to keep trying.

that I have tried my self to calculate the Annual Return on investment with my calculator but it gave me wrong results than that the result mentioned by the book  .

After it’s firmly under contract, I’d recommend taking an experienced CRE investor through it to try to help uncover everything that could go wrong.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.