The thread eventually reveals that you will need to be licensed in most states.

If you reverse engineer how money is made in real estate, the essential benefits are revealed:1) Use2) Profits3) Growth4) Income5) Management6) Amortization7) Tax benefitsNow, look at real estate from the satellite view and the effect of time:Growth, speculation, cresting, decline, blight and ghost town.Until people had a way to connect with others, they needed to be physically close to the employer that created the employment or the crops or industry that generate cashflow and profits. 

I was just reminded of a pet peeve of mine : ads or letters for PM's, or any small company for that matter, that give no indication of the individuals in charge.I just received a letter today from a PM company looking...

In selling property they own, or in which they have any interest, REALTORS® shall reveal their ownership or interest in writing to the purchaser or the purchaser’s representative.

A little more investigating reveals that my best friend was one of his tenants.  

When someone asserts that they own a deceased persons real estate, it's often more revealing about the individual's loud ignorance than rooted in fact.Follow Wayne and Guy's suggestion and let the title company render their opinion of title. 

Notice that the sale price is not revealed.  

Our 154-unit complex is self-managed and I've found the key to success is hiring the right staff.And until you've experienced the day-to-day operations yourself, it would be difficult to gauge exactly how well a property management company is performing.When we first took over, there were sooo many issues that the financials didn't reveal (i.e., creative employee theft).

Some good questions Nathan,Ill chime in with a few quick points.1) Prompt communication is vital from the PM.2) I think the PM should be in-house for best results.3) The staff to client ratio within the turnkey biz should be 1 per every 7 investors.4) Properties should be sold at market or below.Those are just a few haha, I don't want to reveal our entire model haha.Thanks and have a great day ;)

Seems like rentals are the only thing I'm good at  :(.....Everyone wants to know what the address is and when I don't reveal that to them just yet to try to get more info out of them..............I LOSE THEM!