You should graciously accept her offer to help, encourage her if she wants to jump into something like this full time (she might just be trying it out with you), let her use whatever she helped you with as part of her portfolio starting out, and if she's amenable to it give out her contact info to others looking for the same service and offer to be an excellent reference. 

When sellers install a second layer of a new roof over an existing roof, they still refer to it as a new roof.  

And if you just refer to yourself as the property manager, you can play the "landlord says...".

One thought: why couldn't the PM keep the funds in a high yield savings account and then buy the boats or nice items?

When they leave, they are going to need a good landlord reference for the next place.  

The first lie, that rent control is a NEED item. 

A bad one can destroy your investment.Vetting Questions: Ask about their eviction rates, average vacancy periods, tenant screening process, how they handle repairs (their network, costs, approval process), fee structure (all-inclusive vs. a la carte), and ask for references from other out-of-state clients.Real Estate Agent: You need an investor-friendly agent who understands your goals, knows the local submarkets well, and ideally works with other remote investors.Contractors: Having reliable handymen, plumbers, electricians, etc., is crucial.

It is an item that takes months, but still far better then a decade of foreclosure on record. 

Yes, it does not look like Pierce County has any additional legislation other than the state unless I'm missing it.The legislation that I originally referred to actually appears to come from the new legislation in Tacoma code. 

Or ask the coaches directly for references.