Current property manager appears to be unresponsive and also seems to lack work ethics.Looking for recommendations of reliable, professional and responsive property manager who manages in those areas.

You need to know the players in the market, the brokers, the property managers, the contractors, and so on and so forth.

You can enter for a lower price, learn the management process, and just get a feel for real estate investing without taking on a huge project.

Both properties are under property managers.

We have 2 LLC's that run management companies and 10 LLC's that do real estate investing.

While insurance has covered some costs, the process has been stressful, even with a property manager (their responsiveness to these issues has been slow).

I managed a budies house in a strict HOA and he was continuously being sent bills for fines from things like parking on street or leaving trash cans on the street after trash day.I personally will never buy an investment property where there is an HOA.

Be careful with multifamily, as too much new multifamily has been built here in the recent past - depending on the rent level, getting tenants may not be that easy.  

In fact, we ended up paying a bookkeeper $450/month plus the $90 subscription to QB online to manage our relatively small portfolio.

One of the most important roles your PM company provides is knowledge on the legal side of leasing at a national, state and local level.