The reason why that approach is effective is that those communication channels will be less saturated with competition, and also attract more actively interested people.

They should be responsive and communicate clearly, possess a strong understanding of the local market, offer reasonable rates, and support borrowers throughout the process, all while ensuring legal compliance to protect your interests.

Look for a manager who’s upfront about all potential costs, so there are no surprises down the road.Communication is Everything:A reliable property manager should communicate well—not just with you, but with tenants too.

All communications have to be through email, which is some cases is great, but in others it is horrificly time-consuming and inefficient. 

Recommend you connect & communicate with @Russell Brazil who knows a bit about the Baltimore market.In the meantime, read below about how nightmares often occur:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Reviews are a significant asset, and losing them can hurt future bookings.If a PM needs access to manage bookings, update pricing, or handle guest communication, they can still do so without owning the listing.

In this last year, their communication with me has become almost silent. 

You can even offer them referral fees or partial ownership, if feasible.I also emphasize the importance of effective communication and weekly meetings with the power team.

They're also expecting an official offer on the second property soon.If everything goes smoothly I'm obviously glad that my money isn't gone, but I don't think that excuses the lack of communication and inability to respond to LPs.

For ourselves, we don’t care about that channel anyways so doesn’t matter to us.A few weeks ago we exported all of our listings to Google vacations.