Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Jeff EbertRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I feel a more accurate headline for this post is “How I Made Me Lose My Life Savings”

It really depends, so I think to give an accurate answer, we (or at least I) would need more info.

I’ll be most accurately judged in 5-7 years after all this dust has settled and people see which sponsors are still here, which got foreclosed, and which liquidated at massive losses.  

Quote from @Diana Mulvihill: I think "soaking tub" is a more accurate term.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Quote from @Isadore Nelson:Not sure anyone can actually accurately answer your question about redemptions.As @Scott Mac mentioned, I am not sure that data exists or if it does, that it is easy to find.I would guess in tax lien states, redemptions are common.I would guess in tax deed states, redemptions are rare.I can tell you my experience in Texas is that very few redeem. 

Consulting a tax professional can help ensure accurate reporting.