I could see a PM for the cleaning/maintenance/handyman issues and retaining the administrative tasks which are quite easy to do from anywhere.  

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Like Matthew, I am only interested in the east coast with a 'small scale' new Qualifying Facility where I would retain ownership; ITCs, SRECs, etc. 

Here is what Gemini AI says, better put than I can:Land Contracts in Kentucky: A Brief OverviewA land contract, also known as a contract for deed or installment sale contract, is a type of real estate purchase agreement where the seller retains title to the property until the buyer has paid the full purchase price, typically in installments.Key Features of a Kentucky Land Contract: Conditional Title Transfer: The seller maintains legal title to the property until the buyer has fully paid the purchase price.

Finally, if you want a broker to be fully committed, consider retaining them in an exclusive agreement.

The legitimacy of the contract probably only really matters if you have to go to court/arbitration to enforce it.That said, your title company would be a good place to start in terms of getting a legal review, I'm sure they have a real estate lawyer(s) on staff or retainer depending on the state.

If they did a 1031 exchange they will retaining a tax deferred status.

Guest takes more care of the property, since you,  the host, are the only judge to decide if you retain or not the deposit in case of damage or issues.Another Good: You can write in your contract that non respect of rules may lead to lose some of the deposit: Like noise, or a very unclean check out, etc...

That said, long-term the appreciation you get in the Puget Sound region is superior to many other markets, so assuming you find an excellent property management company that is able to screen tenants and only put in very well qualified, vetted occupants and you experience limited issues over the holding period, you'd likely come out ahead retaining the Mill Creek property if your financially able to do so and still buy wherever you are headed out of state.

Is it true that most companies retain tenant late fees?