My son has already decided that he wants no tobacco smoking in his rental[e-cigs are fine] Colorado has legal cannabis.  

Agreed.This whole issue stems from the fact that my PM and I thought it was being covered by the POA, so we were both surprised when I got billed, and even more surprised to be told that permission was given by PM.

Your requirement to use their money can stem from your business model an leverage that isn't available conventional with the number of properties you intend to work with, the cost to obtain financing is less costly allowing the seller to receive more down, and allowing you to obtain future financing for operations are just some of the reasons you may require financing.

Some have horror stories stemming from problems with tenants and general upkeep on their rental houses.

I've been doing my research from the passed couple months through books, Biggerpockets blog's and podcast as well as just about any other information that has been recommended stemming from the blogs, books and podcast.

Rights of redemption stem from homestead rights for the owner, so it will need to go through them.

This stems from legal views as to the determination of assets.

Most liability issues stem from autos and slip/falls on the property.

It was from the frustration stemming from an inability to answer basic high-level questions about one of the key areas he was responsible for managing..

I too am new to this type of doing things, and do not yet have the funding in place, but have some pretty serious interest.I think part of what the 'difference of opinion' is stems from the fact we are all in different situations, with different expectations, and deal with other people in a variety of situations too.Someone asked "why would they even need you if they are putting up 100%" of something similar.