They have a good price for managing a property like yours and are about the only ones in this area  that IK of I would trust to know the Winchester market effectively. 

Can buyer rent the property while seller financing in effect and does the buyer need seller approval due or even share the rent to seller still own the property per se? 

It will give you a better sense of the parameters that effect your deal. 

Just curious what you have found to be most effective in your bandit sign campaigns.  

I have conducted a lot of training on market selection, forecasting what markets will do and building teams in those markets.  

They haven't selected our route, but we wish to be proactive to discourage our route.  

We tend to stay out of the city, but mainly because I don't think my management style would be effective there.

Details:*Willing to spend ~$180k; Prepared to put 20% down on a Grand Rapids rental property*Not seeking a fixer*Will need to hire a property management company Goals: The obvious: passive incomeDuplex, triplex or single family w guest unitPurchase a home with tenants already occupying and generating rental income Top-of-mind concerns:*Winters in MI wear and tear on roof, pipes*Cost of property management, costs to heatTenant selection, How-to from Los Angeles to MI*Offer / escrow process How-to from Los Angeles to MI

Hello Biggerpockets,I need help selecting my first property management company.

I look at it like 20k or so minimum then maybe 2500 to 5k a door up to a certain amount.better to be safe than sorry and its not like the money is spent its in your account and you could do very short term investmetns with it as well.. like short term lending. ( carefully)Most investors that run into trouble are simply undercapitalized have too much debt and when they have a bad day they can't get their units up and running and it becomes a cascading effect.