Collecting rent rolls, walking properties, learning who's doing the best in our sector/niche and how they're doing it, finding partners, all of these things I'm fairly good at, as I've been doing this for my recruiting agency for the past 3 years.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

3) How well prepped was your property?

As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.

Quote from @Henry Jay: Hello, me to real estate and look for knowledge in flipping and rental properties. 

Even better if you can work for a property manager or real estate compnay. 

Would love to chat with you further about your real estate goals!

Utilizing the preREO strategy, a receiver (i.e. a local real estate agent or property manager who you may already have a relationship with) could be appointed to make repairs and rent out the home during the foreclosure process.

I work with investors who are looking for LTR's with turn-key properties.

Any time you are not living in the property it is more risky for the lender.