Shadow/mentor a person doing it.

I personally am interested in creating a long-term rental portfolio but I'd be interested in hearing any strategy, ie. house flipping, short term rentals etc.

What are the rules for removing this person, as I understand it he falls under hotel rules, not the landlord tenant act.

I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up  with the lease option is that people can change their mind, as in the seller.  

@Ryan Raven most states don't care if you screw up the management of real estate you own personally.The government does have a problem with an unlicensed person/company screwing up the management of properties they do not own.

There are legal requirements for disposing personal property left behind by a tenant.

Any insights, personal experiences, or advice would be greatly appreciated!

Personally, I'm waiting for the lawsuit by a seller against his own broker for refusing to vet a potential buyer and then show to a qualified buyer.

I second this, I use rentredi for my personal properties and it makes life super easy.  

That is just what I am seeing personally, and I work with investors all over the country.