My biggest concern with blue ridge is cleaning companies and handy man services. 

Your new PM can hold the funds or transfer them to you.As a side note, I'm concerned that your new PM wants you to hold the deposit.

Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

I am concerned that he/she is either filing bogus small expenditures OR performing services himself/herself and making profit.

Also, when your lenders dive deeper into county records or operator standings, do you find they tend to uncover any common concerns, or is it more of a formality for peace of mind?

I also own/operate assets where I am not concerned about a tenant showing up at my front door.

Real estate is extremely expensive in the area.

Another solid read is "The Millionaire Real Estate Investor" by Gary Keller, which focuses more specifically on real estate strategies.For podcasts, BiggerPockets is extremely popular and a fantastic resource, especially for beginners.

We have some concerns:1) Should we a new LLC and have our old one hold stake in it?