It might be best if you roll over to a BDRA or SDRA which allows you to transact directly through the account without any personal risk, this will safeguard your investment and you as well...

A multi is a safeguard in many ways and the only type of property I would buy in the lower income areas

PM is not really that hard, but you need to have a system and a good eye for details.Mike Wood Indeed, we just developed it for RE investors, there are a lot of safeguard that surrounds the price but they are pretty basic, licensed, insured, and bonded contractors only with ACORD printout and all that.

Is there anyway I can include him on the transaction that’ll safe guard us and also compensate him for his work? 

However from what I do know, If you purchased a property in the tax deed sale, you are allowed to make "some" upgrades and/or payment to safeguard, maintain and upkeep the property, so:Installing new locks - OKStretching / replacing torn carpet - OKInsuring the property - OKMowing the grass - OK (I guess?!)

A couple of companies come to mind are Safeguard http://www.safeguardproperties.com or Field Asset Services http://www.fieldassets.com/.

While I take care to safeguard their information and destroy it when I'm done, they don't know that. 

As I read thru the forums, I certainly see/understand the validity behind proper checks/screening when searching for tenants.My question is, what tools/resources, is everyone using with their potential tenants, to help safeguard your investments?

In an ideal scenario it would appear that we own this property free and clear and I could get a larger HELOC against the appraised value and leverage that cash on other rehabs/flip projects.I would expect there are some safeguards to prevent someone from sucking too much cash out of an owner financed property and getting upside down to a bank AND private lender.  

Certifications assure an individual’s qualification to perform a job or task and are typically issued by universities or agencies appointed to safeguard public interest.