High 6s to mid 7s is more realistic for the most common deals (70%+ LTV).Also, the FFR doesnt really directly impact mortgage rates.

As an employee of a MF Development Company, your boss will expect you to dedicate full-time hours to your job.

My contractor mentioned he might've left them since he felt bad about up and leaving the job. 

I believe this is very common among funds and syndicators.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

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Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).  

I have done BRRRRs in Milwaukee for a decade+ and if I am not on the job 2-3 times a week, things go sub-optimal.

We require a local veterinarianreport confirming the animal is healthy, properly vaccinated, and,require spay/neuter unless contraindicated by the veterinarian.Animal will be on a leash or in a carrier in common areas.