A lot of the things mentioned I was expecting, but this being my first sell, I wanted to poll the BP community to find out more about what can be done on the realtors end and I have gotten a variety of answers.  

Here are a few things that are important to me (no particular order):The understanding that while you are the property manager you will be managed by meProactive instead of always reactiveTimely financial reporting, timely response to tenant concerns, timely action when tenants break the rules, timely feedback to meBe known and seen by the tenants (do property inspections, find out what is going on before its too late)Be firm but fairHave solid referencesOwn real estate investments (this is very important to me)Expert in fair housing, eviction process, marketing, tenant screening and selection, etc.Have an establish process and vendor pool for a large variety of repairs, be responsive to repair request (doesn't mean all request are granted)Think of it as a partnership (we make money together)Have staff that can step in (can't have a single point of failure)I am sure there are others but this is off the top of my head.

It can be used for a wide variety of properties and conditions, but you must occupy the property as your primary residence.  

There are a variety of reasons it can happen this way which doesn't make sense to the layman but behind the curtain makes more sense.  

They are hit and miss for a variety of economic and political reasons, but crucial nonetheless. 

A variety of project types have recently been listed for investing, with different return profiles that will interest different investors.

I found this site while looking for a bigger variety of opinions and hope to also find some encouragement.

Are they really better deals or just a different variety that come with their own technicalities?

By doing a variety of marketing methods consistently and persistently I have found great success.

Lack of understanding and a lack of financial planning for the future (and the natural decline of the housing markets) is what has led to the current level of foreclosures around the country today.The Pay Option Arm, like Ryan stated, is an adjustable rate mortgage with a variety of payment options (in most case 3).Option #1 is the full principal and interest payment (same as a 15 or 30 year fixed).Option #2 is the fully indexed Interest only payment, where you are simply paying the interest generated that month for the loan (same as an Interest only Mortgage).Option #3 is the minmal Interest payment (at a rate of around 1% to 3%).