One of my friend happens to be a RE agent, landlord and a property manager himself and he seems to feel that as long as she pays rent on time and does not create nuisance, not to worry much and just keep do a quarterly property inspection.

@Daniel ShaferRecommend 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.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

From sourcing turnkey rental properties to finding long-term residents, and comprehensive property management, our expert team offers a full-service solution for a truly stress-free investing experience.

Quote from @Benjamin Blunt: What are the best strategies or tools that you use to find Off-Market Properties?

Doing so will help you avoid capital gains tax if you decide to sell later.Second: Test it out by renting the property for a year.

@Kyle Kulhanek Are you planning to transfer the property into an LLC owned by both individuals on title? 

Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.

We put a sign on every property to: attract tenants, create brand awareness, and to help prevent scammers from using our properties as bait. 

Iown a 2bed/1 bath property in the Fort Worth Tx area.

I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.