Also, the city's building code could be different as far as the required fire rating for party/shared walls, etc, thus the construction costs could be higher.

The next hard part is collecting. 

,Transitioning multiple units from one property management company to another can seem overwhelming, but with the right process in place, it can be smooth for all parties involved—owners, tenants, and both PMCs.

I would begin marketing immediately, and mention it will be ready the date that you have very high confidence it will be available.The harder part is being selective what you show. 

Thanks Matt, I forgot about take part. I

To make it easier on both parties, I would simply make the introduction and if they go under contract I will set up a referral fee with the property owner to pay me for the introduction. 

You have to use the services of an unrelated party called the qualified intermediary. 

if a brand new investor is working with a private money lender, it's almost like one party is taking advantage of the other (not saying it's intentional)

Find 3rd party ways to verify the owner and employment as described. it would be very odd to have both an employer and landlord in two different states thousands of miles away that share an area code with the perspective tenant that is not in the market the home market of the PM or the employer.

It is best to establish a 3rd party servicing company to oversee these payments as you do not want to send this money directly to the seller as they may not actually make the payment and then you could see your house foreclosed on by the lender.