To clarify, in MN a person must be a licensed to perform at-charge Property Management services, for others, on a standard commerce basis. 

How much of a credit do they offer at closing to cover the servicing fee?

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

Quote from @David Ondrich: Here's a link to my company's application: https://northstaronline.managebuilding.com/Resident/rental-a...We use Buildium as our software service.

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.  

I'd also like to invite you to join THE MTR Connect, a group I host that meets virtually every Friday from noon - 1:30pm EST.

There are some great suggestions here on down payment, interest rate, servicing, and underwriting the borrower.  

Midsouth Home Buyers BBB - https://www.bbb.org/us/tn/memphis/profile/real-estate-servic...

It's possible to buy property in Germany with as little as 5-10% down, making it an attractive option for service members and civilian government employees stationed there or planning to settle.