I am scheduled to close on a duplex in Milo-Grogan in mid April so havent secured a PM yet. still shopping. but will certainly update here once the decision has been made. 

This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

Add to that any tenant/buyer scheduling woes that would deter buyers from viewing the property at their convenience instead of having to accommodate tenant schedules (even if you're delivering it vacant, which is a big plus). 

When you refinance you reset the loan payment schedule and you start back at day 1. 

Work that my accountant did to clean up my Schedule E.  

They handle talking to the tenant, getting the information they need, coordinating repair schedules, etc.

Essentially no income details are required and the loan is based off of the collateral of the property and income, calculated using the active rents, appraisal rent schedule or even STR income or projected income.

The rental profits from your own property will be schedule E (lower tax), the profits from your property management company will be schedule C (higher tax).

Assuming the schedule holds, we'll have some people from Section 8 Housing coming to share about the program and provide us with some time to ask questions.

We closed the 62 unit two weeks ago, and will close the 67 in two weeks.Then, a broker brought us a 33 unit, which we are scheduled to close at the end of September.