Micki and staff did an excellent job and we hope to work with them in the near future! 

We have never shut down the economy....worldwide.

The curve flattens out in 2 weeks and our hospitals, medical equipment and staff survive this scare.

When a PM has their own staff bring property back to rent-ready condition, they present invoice copies of their necessary supplies purchased to the client/owner. 

Those folks may just say screw it not renting those things anymore if thats the way they are going to be in a world wide crisis. remember they dont give a rip about you or your finances.. and frankly there is risk in business .. when its good you make a lot of money when its bad maybe you lose some money..  

Especially with rising water levels world wide it will only be worse, not ever better.

In my opinion if the properties are within 1 hour, you should manage them yourself.If you decide to buy more, you will likely grow tired of doing it, however,  It really is not a huge deal to manage a few units on your own.You will need some good contacts for repairs, but with the right people in place as long as you are ok paying for service, it is just a matter of the tenant calling you, you call the right repair person, and the problem gets handled, you can be anywhere.It comes down to proper screening and following / learning about the tenancy rules in your area.Property managers will all sell you on the set it and forget it, however, I have had some property mangers that take more management then the tenants.Good property managers that use proper software and have several staff in place to handle issues are usually higher priced, but could be worth it.Then there are several that do property management on the side when they are not busy as a real estate agent, home inspector, etc...There are also some maintenance people that claim to be property managers, but sometimes lack the people skills, which are really important as a property manager. 

Ed Hardy bros like Grant Cardone are bleeding heavily and let go of their entire staff without notice cuz they assume infinite appreciation and a BAM that will carry them through the finish line.

On the management side, David runs his own show (I believe), Swanny uses outside management and I manage in-house with staff.  

Then, his superior, who was maybe the CEO - another executive anyway - actually wrote an email or put something in the company newsletter telling the entire staff of the company all about what the naughty executive did.This damaged the fired executive's reputation and his career, and he sued for libel.In a landmark decision, the court found that even though the boss told the truth about the naughty exec, because he'd acted with malice, to deliberately hurt the guy's reputation, the court found the boss guilty of libel.So, the bar has moved as far as what libel is, too.