Originally I didn't know that and I went through Wells Fargo which is known throughout the industry for moving at a snail's pace.

He has had some decent  and seems to be on pace to acquire about 2-3/year.

Secondly, you have created equity and forced value into a property that would have otherwise moved at a snails pace, whereby capital improvement projects would not have been a priority. 

@Jeremy Pace I am so glad you find the blogs helpful!

To get a taste of PM for others, I agree with @Jeremy Pace and @Nate Garrett.  

Originally posted by @Jeremy Pace: I'll address the last question, about keeping tenants happy and wanting to stay:You have to love your property.

You will learn a lot more and at a much faster pace that way without getting burnt.

Partners have to have shared vision, shared enthusiasm, shared ethics, mutual respect, complementary skills, and match each others pace.  

@Jeremy Pace: I should have given a bit more detail in my initial post, I am looking for either a three or four unit property as per the rules of fha. 

Ability to thrive in a fast paced environment, work well under pressure, and multi-task efficiently.