If I were younger and looking to grow a PM would be my only option, not by choice but by necessity.

I also find myself thinking how bad the economic situation might become once everyone's benefits runs out.. will crime rates rise, will suicide rates rise, will your neighbors out of necessity become your enemy?  

Stimulus money that is being given out is currently being spent on necessities. 

So, saving a few bucks is a necessity.

To me, nothing about that prompts necessity for a double-close when assigning a property. 

However most PM's own the listing unless you get a cohost, it is an unfortunate necessity due to PMS and Channel Manager.  

HVAC is not a necessity in LA - many rentals do not have AC.

@Bruce Woodruff..... while "want" has some major influence on where people decide to live, so does necessity..... what do you do for a living?

Force it short term to get to your next step, but only out of desire and not necessity.

It's a necessity if you want to grow to the point where your rental income covers expenses and frees time to work on other ventures, family, etc....at 10% it a bargain once you have scaled up.