There are not many companies vertically integrated that take the financial risk on the front end. 

We are now beginning to crack down more as some insurance companies for property owners are asking for copies of all renter's insurance policies to issue liability coverage on properties.Aside from having in leases that renter's insurance is a requirement, how do others actually enforce the tenant getting it?

This is when you hire a staging professional or staging company to come in, make recommendations, and do the work for you.

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Here in Portland, there are a couple of different landlord groups/companies that offer pre-made forms.

Our parent company (GA Technologies) is the #1 investment real estate service provider in Japan.

@Travis Marko There are several skip tracing companies out there.

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

Hire a company/person that is solely a QI like @Dave Foster they do it every day and will keep you legal and on track. 

I work with a property management company in NJ and we see a lot of success with our clients holding long-term rentals. https://www.tvdhousing.com/Welcome to BP!