There are tax considerations too and you want to make sure that LPs aren't having to recognize gains without a corresponding distribution to cover their tax liability.  

Mostly email correspondence. 

That depends on the nature of the correspondence. 

In the 6 situations I can think of right now in which I have rented to a group of people (other than a family or a couple), I have required them to appoint one person as the group representative, and it is that person who takes care of the security deposit, rent payments, and most correspondence.

You can print out the correspondence and put it in her tenant file.

.* Timing when you close escrow, and the corresponding prepaid interest. * Reducing the price AND seller credit, keeping things net the same for the seller, and meaning you will get that money back when you sell.Conversely, if there isn't enough money, you can of course jack up your interest rate for a big fat lender credit. 

The SAFE Act does not restrict a Mortgagee from corresponding or modifying an existing note.

Then, when you go to sell your wife's old primary and use the exclusion again (more than once in two years), the IRS algorithms will pick it up and you can almost bet you'll be getting correspondence/potential audit from the IRS.

This is all done with out my involvement what so ever.  4) You can integrate a service like GlobiMail that allows you to automatically record all your email correspondences with a seller right in the podio item.5) You can setup podio, using globiflow to create an auto-responder to send a lead an email follow up after the fill out your form.  

If I invest and create passive rental income that allows me to withdraw $5k per month I will only get to keep less than $4k of that because I will be taxed at a rate corresponding to an annual income of $60k.