- I would have regular check-ins to make sure the property is being cared for and not destroyed.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

The custodian will check on the property/tenant every week to make sure everything is taken care of.

Fannie Mae does not allow mortgages to be in the name of an LLC.

It sounds like you're in a good position to evaluate your options carefully.

Analyze potential rental income versus expenses carefully to ensure the property will generate income from the start.

I can imagine a juicy well taken care of property would not be up for grabs from another landlord.

I told the manager I've managed a portfolio of short-term rentals and that my previous landlord allowed me to do it and loved that it created an incentive for me to take exceptional care of the property.

As an owner, I just want to know that the manager cares about my property almost as much as I do and is going to want it to be successful.

Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.