The commitment letter also stated there will be contracts and other documents to sign but that never happened.- When I called the brokerage admin to let them know I had quit the team and to change my status to solo agent, they said their system shows me as a solo agent and that the TL never submitted paperwork to add me as being part of their team.

This is the form that would be used: https://content.enactmi.com/documents/calculators/Form1038.C...   

Promissory notes are transferred by endorsing the back or a document called an allonge.

You may have or will sign documents stating "all properties you own".

On the upside, they have a new investor portal which where you can view documents (like monthly reports/inspections by Aloha) and data on construction progress and returns.  

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.

@Venka Pulla Many smaller PMCs are unprofessional, they can also be vindictive.So, suggest you get all the info you can from your Owner Portal before terminating them.Also, hire a new PMC BEFORE terminating the current PMC.Then, terminate and work closely with the new PMC to get tenant payments switched over and whatever documentation is missing.Hopefully, you'll screen for a new PMC better than you did to pick the current one!

Submitting real offers that you feel confident actually closing on and having a strong sponsor to work with that has a track record will go much further towards you winning deals.In short, you can pursue larger deals right out of the gate if you want to, but generally expect that it'll take you longer to win one and make sure you have the right players on your team so that you're prepared to win them and to close them once you do.

I'm well documented and ready to go.