Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.

You can earn strong appreciation but also lose a lot as the entire state becomes increasingly hostile to landlords.

If they leave the document entirely untouched, you do not have engagement or alignment. 

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?

Your friend should include as many details as possible concerning how they were pitched the investment in the prom note.

The obligation to mediate, unless otherwise agreed, will terminate if the entire dispute is not resolved within thirty days of the date written notice requesting mediation is delivered by one party to the other at that party’s last known address (physical or electronic as provided in § 26).

Quote from @Ashish Acharya: @John Gillick To fully defer taxes in your 1031 exchange from the $450K sale of development rights, you must reinvest the entire amount into like-kind property.

My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.

I'd like to add another SFH to the business  in the near future with the main goal being grow the business as fast as possible.