Do you collect rents and then distribute owner payouts + your commission using Baselane? 

Your PM was using something called pay near me/retail payments for collecting cash payments from tenants at the CVS.

Has anyone ever actually been sent to collections by them? 

We've already collected around 20,000 pre-reservations, equating to approximately $30 to $40 million, and have received hundreds of requests to build individual units.We’ve completed the first unit, which has passed the final county inspection under a residential permit, and are actively working on the second phase.

I'm guessing the management company would collect all rents, pay expenses etc and the individual LLC would just own the real estate.

I discover why it was sold at the tax sale, seek out the previous owner and get a quit claim deed from them (even if a new deed was awarded from the tax sale), then attack the collection deed and win the property back, usually for just a few hundred dollars. 

Chocolate) Cash Offer 6.5 MillionI would just wholesale this and collect the assignment fee to split with my wholesale partner. 

I'd let him collect some sort of management fee. 

They've been on top of getting in touch with tenants on rent collections, given all that's happening with C19.

This must be overpayment that has collected as a balance.