Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

They will perform but not typically at a cashflow point.

Landlords, which financial institution do you use to refinance your performing rental properties?

I'm also very honest with my clients about how their property is performing.

In the end, you might find yourself holding a lot of rentals selling the worst performer rentals keeping the best and diversifying yourself, and making it a win-win-win situation.

Can you perform a direct mail campaign if you are not a cash buyer?

How is the Salt Lake City real estate market performing?

If this ONE party doesn't perform, then the other party is not held to the contract.Now, this doesn't mean that a seller won't allow it (either an EMD from a different entity, a late deposit, etc), but they wouldn't be obligated to allow it under the contract.Like most things good open communication usually takes care of this. 

An exception is one "cursed" 3-bdrm upper unit in a duplex which sat empty for 6-months once ... prompting me to gut-it back to the studs and perform an energy efficiency rehab.

All IDs required upon booking ( yes, I have performed little facebook stalks) and best of all, I do not allow people to book who do not have more than 3, 5 star reviews (yes, that is okay to do) You can see their cleanliness and other characteristics rated by previous hosts. 3.)