Try it out first test out whether or not you two are a good fit before building a massive portfolio together.Create an operating agreement for your LLC, and create a partnership agreement, defining roles and expectations.

But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment. 

This was my second foray into real estate investing, the previous one being through a “full service” turnkey provider.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

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This will give you more opportunities and access to various opinions about the market and properties.As to cleaning services, you'd most likely hire a property manager who'll take care of that.

The challenge with the FHA guidelines is the self sufficiency test.

Either way, model prospective deals to maximum stress test and to see if it cashflows after you move out and fully occupied. 

How have you been making payments so far, to a servicer or directly to the seller?