A few other comments;For Philly: It's best practice to include the required documents in the final lease packet and have the tenant sign or initial all to prove receipt.

We wanted to understand best practices, SOPS, and to get a view "under the hood" of Michaels marketing machine. 

If it is a real question....wholesalers engage in a practice called "daisy-chaining."

This system should be easy to use and interpret, and should also include weightings for each category or trait according to its importance in overall property management.Lastly, provide a list of questions or checks that can help me determine if a property management company's ethos and operational style align with the values and objectives of my own company.I would like this information to be detailed, practical, and grounded in real-world property management contexts."

I think it starts with me setting the rules and the tone for bad practices in a general sense.

By purchasing a multi-family property and renting out the additional units, you can significantly reduce or even eliminate your housing costs while simultaneously generating rental income.

If the payment is $1,234,56 your #1 payment is $1,234.56 to the lender and if you did a Carry back of $50,000 @ 4% your Carry Back payment is $238,71 to the sellerThere will be more in Part 2 of Subject To vs Wraps Similarities and Differences Part 2Numbers 5 and 6 of similarity are dubious as a practical matter.A seller can always interplead you (the buyer) in a mortgage foreclosure so you have no protection from a deficiency judgment.From one of your prior posts to me when I took you guys to task about “subject to” you remarked that it’s just numbers.

We analyze the entire market simultaneously and rank the best cash flowing properties based on cap rate. 

It was clear they were all forging their own path, trying to figure out best practices, and unlike a teenager they were there to express and discuss those concerns and doubts outwardly so we could all benefit from the collective successes and mistakes of the group.

This will give you some hands-on experience and an opportunity to put into practice what you have learned from reading the book.