In my limited exposure to using PMs in Memphis (I self-manage), most had a scale of upcharge depending on the cost of the service. 

Check bed frames and chairs for their weight limits. 

I brought my nephew with me for about 12 of my trips last year and I am much more limited this year, but I have been pretty much running the shadow management(managing the PMs as my co-assistant with another gal) on about 3 of our STRs and 2 of our LTRs so he has his hands full.

Some of these will have buyer premiums over the top of your sales price and almost all will have limited inspections.

Create a Limited Liability Corp [LLC in my state] and recording the deed into Commonwealth.2.

@Shane Cordrey - Are you looking to primarily invest directly as an owner operator or have you also considered investing as a Passive Limited Partner in Multifamily ?

@DeBret McGee IIYour best bet is to secure a deal with creative financing, seller financing or meter lease options.

If we are passive I believe that we could still be limited partners in either an LLC and obviously a PPM.It sounds like you ran the project and were on the opposite side of the transaction.

There may be a few who may make smart azz comments about this, but they have no clue, this is a very serious side of finance.You need enough to enforce collections, pay for an attorney to foreclose, fees are often limited by law for a trustee to 10%, so a 60K note could be 6K to the trustee and there are other costs.

North of Austin, the county regulations say you don't have to do it IF you're only doing residential, certain lot sizes and limiting the impervious cover of each lot.