When I ask people why they sold a good cashflowing property, I usually get a response that “there was too much headaches with it”.

What does that mean if the property is being managed by a PM? Are there things that the management company will reach out to the landlord to deal with?

@John Liaaz property managers take care of the day to day, but the PM business is like anything. 80% of managers stink, and 20% are great. If you get one of the 20%, make sure to take care of them and treat them right. If you have one of the 80% you have to fire them. A bad PM can take money for management and still deliver stress and bad results to you. A lot of investors sell the asset instead of firing the PM. 

Originally posted by @John Liaaz :

When I ask people why they sold a good cashflowing property, I usually get a response that “there was too much headaches with it”.

What does that mean if the property is being managed by a PM? Are there things that the management company will reach out to the landlord to deal with?

 Property Managers will handle all headaches but with every headache comes a charge. So too many headaches translates to too many costs incurred to deal with said headaches.