You only need a place to track tenant information, payment history, maintenance, etc.

There are some rare and complex circumstances where I see this would be beneficial.

Hope this was helpful!  

@Jonathan Small Nice job on this find and completion.

The more information that you have out there the easier it is for people to find you, if you want them to find you.I almost everyday wear my "Rick Buys Houses" shirts with my phone number on it. 

Is it possible for the investor to exit this deal at a later date?

Quote from @Fidel Mercado Gonzalez: Hi Theresa,Thank you for sharing this information—it’s really helpful.

Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.

Purchase price: $72,000 Cash invested: $107,600Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

What made you interested in investing in this type of deal?