We feel this encourages/trains good payment behavior:)We have several MoveIn Specials owners can approve like, free TV, Washer or Dryer (used), etc.Our main goal with MoveIn Specials is to stand out from our competition. - Just lowering the rent really doesn't do that.

It's doesn't have to be 20% downpayment for a owner occupied home. 

If the partner moves out of state next year they are still a 10% owner, but you simply hire another property manager for that same 8-10%.

I bet that essentially no one is starting new construction projects, which bodes extremely well for owners 2-4 years from now.- Prices for insurance policies will never go back down, but it is not unreasonable to expect costs to rise at a more predictable pace from here.

Call the mechanic or gas station up the street and ask the owners if they know someone.

@Venka Pulla Many smaller PMCs are unprofessional, they can also be vindictive.So, suggest you get all the info you can from your Owner Portal before terminating them.Also, hire a new PMC BEFORE terminating the current PMC.Then, terminate and work closely with the new PMC to get tenant payments switched over and whatever documentation is missing.Hopefully, you'll screen for a new PMC better than you did to pick the current one!

Some companies allow property owners to select tenants and set the screening criteria...We do not - our criteria does not bend. 

Unless you believe the owners knew in advance that this model would not work and were doing this to just feather their nest and move on ?

It can depend on the property, but owner paying the bills seems rare these days. 

In 1997, I don't fully understand why, the City of Denver paid the golf course owners $2mil to rezone this parcel as a "conservation easement" this was extremely restrictive zoning and meant it would essentially be destined to be a golf course for eternity 3.