This includes handling inbound leads, communication with the prospective tenants, tenant screening/background checks, application processing, lease generation.Many PMs will charge 50% of your first month's rent or 100% of first month's rent for tenant placement.

During his speech I researched his background and found out that he's a professional speaker hired by agencies to give presentations, and has no ties to RE.

Quick context: I placed a tenant in one of my units after thorough background checks and collected security deposit + first month's prorated rent via Baselane (bad move!).

For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.  

So far, my main background is in wholesaling.

- Our background check system flags the SSN as being issued after 2010Also, how DEEP is the accounts supporting the credit score?

If you go to invest in the note space I strongly recommend you do a quick background check on the sponsor as there are numerous who have very questionable pasts.

Always consult with your attorney before you rely on the above information.Chris - As background, I'm planning to close on the property by the end of this month. 

How much time should I realistically allot for application/background checks, walkthrough, paperwork return, deposit and first rent collection? 

I’ve been an electrician for 10 years now, so I have a construction management background.