Also, not sure what relationship you have established with your property manager but typically people hire managers to take care of this part and be tenant-facing.  

Your first hire is unlikely to work out though, was you won't have a good hiring system in place. - So, recommend having that first hire document the crap out of what you want them to do.

Quote from @Account Closed: Hello,A PM we have just hired wants a W9 and social security number from us.Two companies we hired previously didn’t ask for this.I am not comfortable with sharing my ss number around needlessly. 

You would need to hire a leak detection company to find out. 

How to hire a design team, what to look for - do you run all the agreements under the architect or separate and why…..To me anyone going into a this type of program is going to be disappointed.

From there, you have to decide whether you want to be a landlord or hire a property manager.

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.

No way is this a scheme to keep EM for the seller..Anytime I have had EMD disputes it usually gets solved with a 50 50 split since I know what will happen.. what happens is exactly as you describe.. money is to small to realistically hire an attorney to collect..

I dont need to know this stuff I hire people to do it for me..

My biggest advice - take your time, do your research, and consider hiring a mentor.Check out the Rookie Podcast and forums on BP; you'll gain a lot of valuable insights from them.Wishing you success in your investing journey!