Buying for cash flow is a great idea. You need to properly set aside money for reserves to take care of any maintenance issues that may arise. I would suggest putting the first 3 months of rent in a reserve account. Paying cash for low priced property is the best way to go in my opinion. Some of the properties I buy in Mississippi USA produce over 18% roi.
Communication. That is the most important quality in a property manager. If they communicate with you, they will pay you, and they do not have anything to hide.
