Rejoining now as a new property manager within a highly competitive market, I could not be more excited to learn from this community while also being open to offer any avenue I might to assist others in any capacity I can.

They are trying to compare buying an actively managed business to investing in real estate, but those two things operate very differently.

I self-manage but I did have a daughter who was in school there so I could understand the leasing cycles and I was given the previous owners leases to start . Definitely try to understand if it’s rented as a student rental now on the academic year schedule.  many times they say they are student rental because they’re close to the university, but they’re not on the academic year schedule .Ours are all one year leases, but all have to move out a couple days early so we can do the turnover.  Go and call around to other landlords in the area or property management companies and get copies of leases and act as a renter and trying to understand what the requirements are and their best practices.  in our area, it is common to pre-lease 9 to 10 months in advance before the academic year begins and for tenants to pay every utility including water .

Denver is a great market and there are also several great PM companies here, just sayin! 

Quote from @Mackaylee Beach: First, start by researching local property management companies online and reading reviews from other property owners.

McCaw is a local company.

The PM company that I have is OK with me sending the contractors I know.

I gave his respone a VOTE - you should too:)Only thing I can add is keep this easy for your company:- Tenant rents are deposited into YOUR company account- Require ownership partners to open a partnership bank account your company will send owner draws to.

Yes this is very common to have the PM company pay the utility bills when vacant and keep some in their name while billing back to tenants too.2.

In two detailed YouTube videos, Santarelli names each company and recounts fictional stories of his involvement in their successful through the online relaunching by Norada Capital Management.