Hey all, interesting opportunity came up for me as a co-host.

Forming a business to protect my assets is an area I need to gain more knowledge in.

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

Here's what works for me: 1) Posting your property on Facebook Marketplace2) Craigslist3) Talk to local universities or big corporations who may need short or long term housing for their clients4) Property managers are hit or miss.

Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

I suspect it would require a court order to be able to show that you have not followed this law assuming that you have the money to pay the tenant their deposit at move out. for me, i would likely ignore this law.  

The first experience they select three tenants for me.

There is a one page complaint form "Complaint in Summary Ejectment" with clear instructions.

More likely is that they have been 'touched' by a many people providing the same service and narrow their selection to the few where they formed an favorable impression.

Your lender definitely should be able to count the 75%- I'm in Arlington and would be happy to connect you with my awesome lender who has been able to do all kinds of creative options to get to yes for me.