For a more specific answer. 

Thanks, I'm actually transitioning to retail/industrial

@Robert Maxwell, my advice: listen to the first 300 episodes of the BiggerPockets Podcast and then return to forums when you have a specific question.

Some will sink, some will swim. that doesn't mean the death of the entire industry.

Hi Jacqueline-Great questions and I also help investors as an agent in Michigan.Typically, I work with investors that like a particular area I have written content about and have shared on Facebook real estate investor groups in those areas or posted on my website.Then, I work with them to define their investing goals and specific buyer criteria so we are only looking at properties that fit that.It has not been a problem working with investors after defining their buying criteria because only a few properties will meet that criteria.To your success!

Philadelphia area, Chester county to be specific. 

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?

For STRs, you're going to price according to your market but also most likely using a dynamic pricing tool to take into account location-specific demand fluctuations.

They had a very specific vision for a dream beach house.

I don't have so many rentals that I can't balance them, and I found that the extra ~1 hr/month (usually all year's time in 1 month) is worth it to have a pulse on your property, decide the specific repairs, etc.