Quote from @Benjamin Weinhart: Hey Ben, I reference my old boss because I have never seen this practiced myself.

Just a few items that stood out reading your initial post. 

While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.

I know how much of a relief it is to be able to have confidence when referring my clients to another agent out of state, and I want to build that confidence with you and provide excellent service for your clients.Please feel free to reach out to me and we can talk some more.

Hi @Joseph BaenaHere is a tip for you as you get into RE investingThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

Would like to understand from you the investors standpoint what part of the due diligence that failed.Another item of discussion has everyone gotten over the concept of Passive investing? 

For reference we see around 1000-1200/mo/bedroom.

I checked in with some of my clients who I had referred to S4RE (the company that was sold) to ask about how Poplar was doing.

My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.