But I'm sure with your experience, that will not happen to you.  

I am looking into growing my investor clientele, and would appreciate anybody that has any experience with this or can give any insight.

I believe sharing our experiences and strategies can help us all navigate this new regulatory landscape more effectively.

Ask how many units they manage and how much experience they have.

For those who have employees what was that experience like?

With my limited experience explained, here's the situation.I have ear marked a good amount to start real estate investing.

Does anyone have any experience bidding on auctions that don’t meet the reserve?

Many times experience of the buyer, credit history and reserves in addition to what income the property can produce will factor in how the lender will structure the loan. 

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!

However, I'd appreciate it if someone could confirm this and provide more specific details, including the relevant zip codes.Thanks :)We had a lot of problems with Guests at our STRs in Jacksonville Beach (ended up selling them!).