If you’re serious about getting started, I’d really encourage you to start networking locally.

At times, I’ve wondered if we’re late to the game, but a recent BP podcast about starting in your 40s gave me a fresh dose of encouragement.

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

I would encourage to have reserves if you keep the property floating along.

That kind of outcome is always encouraging, especially after making a big decision like switching property managers remotely.

Quote from @Ashley Bitner: @Ashish Acharya - Thank you for the encouragement!!

Go up on your price if you need to do it to stay competitive.If I remember right one of the leaders (like the President) of one of the largest wholesalers lost his job by either filing memos or encouraging his franchisees to do it. 

Best wishes for continued investment success and I encourage you to reach out if I can ever be of service.

I recall when I first got on BP you had what i call the Welcome Wagon posters I know BP encouraged a certain amount of this..

Scott actually teaches his group to encourage buyer/tenants to refi as soon as they are able to.