Quote from @Mike Sfera: This depends on the PM that you are speaking with when you reach out.

Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.

I can speak from experience as a student at Texas A&M, I lived in a 5 br/5 b house and I knew plenty of other students who lived in similar houses or "Ag Shacks" if you will.

@Brooke Carlton did you speak with the current lender about their willingness to finance some of that gap for a potential buyer? 

If anyone has the names of such non-profits and/or anyone with experience doing this as a landlord, I would like to speak with you.Michael King

I don't work in Nashville area but $165 per sq ft seems quite low to me.In terms of financing, I would speak with a few construction lenders and also hard money lenders.

Agree with @John Underwood.....if you use a PM, your profits will be pretty small, generally speaking that is, some properties will do ok.

I can't speak too much to the market on the Westside, but as far as affordability on the West Coast Spokane is worth looking into.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Yes, generally speaking, depending on tenant class, it's best not to get too friendly with your tenants.