You can see in the description that the seller is reporting total rent from all 10 units being $5,275.

I was browsing Zillow and I found what looks to be a great investment property for the area, from what I can tell about 50k below market and needs some updating, but in the description it talks about the pool needing repair.

You have rents of $1,000 in the analysis, but the description makes it sound like it'll just be a wholesale deal. 

My Title conclusion sheet shows Record owner as these 3 people with their grantor, grantee, deed of gift descriptions.

I’m new to the network and I reside in the Philadelphia geographic region but I am a North Carolina native!  

There incentive is to keep units occupied at the highest rent reasonable... pretty similar to yours.To identify property managers, I recommend starting with their leasing departments.A good PM should have the ability to take good pictures, create compelling listing descriptions, utilize technology (online applications, social media campaigns, etc.,) and have a leasing team that you can get in touch with and is flexible to schedule showings.

Would it be easier to write a specific contract for each sum he transfers to me and have 5 or 6 individual notes with descriptive verbage on the terms?

@James Miller From your description it looks good.- All seven properties are investment, correct?

If so, I know how you feel being geographically separated but wanting to get moving...I was the same way in Korea in Kuwait ; )Anyways, IMO you can look at this two ways...you can go small or big, but you have to ask yourself if you want a big cut of a small deal or a small cut of a big deal.

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