Also ensure they are up-to-date on the most recent construction accounting practices, audit procedure and tax regulations.While price is a consideration for everyone, remember that the cheapest option is not usually the best option.

I don't recommend this approach as standard operating procedure, but in that deal, my first, I was somehow able to walk away with a $30K profit.  

There are attorneys who make their living by hiring people to apply for rentals and going after landlords who don't have a clearly documented procedure.

With systems and procedures in place that are time tested to welcome longer-term tenants and give investors a hands-free experience.The industry is maturing year over year with the backing of necessity.

Have strong policies and procedures (and an elevator pitch for each) when someone asks you how you operate.

Standard Operating Procedures (SOPs) for lead generation, follow-up, marketing, etc. 

I highly recommend creating procedures for them, either written or recorded.

The recorder's office line has 5 different options so each time I called I pressed the next option sequentially leaving the same voice mail - what's the procedure for receiving the title deed and of course my contact details

They are Memphis's finest 100% purchase & rehab hard money lender and also WILL NOT let you buy a bad deal!

Check your state laws because I think you can charge 2x the first year but after that you have to reduce it to one month of rent.More important is solid screening, then policies and procedures to keep tenants on track so they don't get out of control.