Choosing the right deal at the right time for yourself also requires that you are the right person to handle that deal correctly in order to come out on top. 

I personally like idea - The biggest challenge with MF prop management is aligning the interest with investors. 

How is everybody handling HOA fees with a rental unit?

I have a lot of people from so called Ivy League Schools that I deal with but they can’t even properly draft an email even worst handle their daily tasks given to them by the company they work for.

Fail at that challenge and you will likely fail at investing.

Property management I can handle.

I was told I still had the option to initiate a transfer, however, I would have to pay the 3% transfer fee and pay the variable 14-24% interest rate while funds were in use…Just like that, 40k of capital to go out and buy assets and get them to cashflow……gone.As a value-add real estate entrepreneur, I understand with every challenge encountered, there is a lesson to be learned and an opportunity to evolve.

David, I been on both sides, as landlord, landlord searching for PM, and as a contractor in the IT field.I self manage mainly, and for small jobs, I do have plumbers and handyman handling.

I also like to ask about their worst experience as a property manager and how they handled it.

I’ve read quite a bit about the demographic challenges that parts of the Maritimes face so I wouldn’t expect significant price appreciation in the foreseeable future, but I’ve always focused more on the cash flow and viewed any appreciation as a bonus.