Of course, you can hire a local inspector to confirm work is done before final payment, but that all requires some pretty decent process management.

Hi all,
I’m trying to create some anonymity between me and the tenants. I want to present myself as the property manager rather than the owner. I am thinking of creating a DBA with a virtual business address through ...

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In your experience, about how many months would it take to go through this whole process?

Make it clean, de-risk the exchange process and simply your costs for the exchange.

I do have a conversation with the owner during the onboarding process, and it's in the management agreement that they must have the financial means to meet their obligations. 

Internet and cell service can be spotty in our mountains and more rural areas, so always good to check on that early on in the acquisition process.

A couple of key points. 1 there is no national fixed process.

@Chris Seveney, it's confusing becuase you may not want to believe what I've stated assuming the NORMAL process of a closing happend. 

Ones located in Greensboro Nc and the other is located in reidsville Nc the fees I see on this soft quote are: origination fee, underwriting/processing fee, 3rd party closing costs, 6 month tax impound, 6 month insurance impound, looks like 11-12k in fees alone.