Agents carry errors and omissions insurance to cover them in case they make mistakes that cost a client money.

@Kyle JohnsonEven if someone give you a referral, what meets their expectations, may not meet yours.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!

@Sam Yu amazing how short-sighted owners are, always falling for the bait & switch of low monthly management fees - only to find out the PMC will get their money elsewhere.Even if someone give you a referral, what meets their expectations, may not meet yours.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!

If we had made the same mistakes on a larger property, it could have been financial damaging and lost money.

This is either a mistake or they can explain the reason for this.

You can still get deals here that, as a house-hack, eliminate most of your entire PITI (principle, insurance, taxes, interest) even with a low-down and higher interest rate environment (relative to the past 3 years, but not high historically).What that means is you're able to comfortably cash flow when you move out and while living it in aggressively save.  

(i know probably rookie mistake!)

If we had made the same mistakes on a larger property, it could have been financially damaging.

This huge mistake is all on you, own it.

The property was built with forced air gas furnaces and I made the mistake of trying to get the record corrected.