Most employers now direct-deposit, so you can also cross-verify the legitimacy of paystubs (are their payroll deposits equal to paystub income?).

We cross collateralize with the same bank and don’t chase rates.  

They may be family/friends but it is still business and having your t's crossed and i's dotted will save you trouble down the road. 

@Ankush R.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

We use cross collateralization and have sold locations for financing.  

As to the grandfathering - I went to the main library and looked at the criss-cross/Haynes directories.

I have quite a few that I'll list below however it will depend on what you mean by relatively low acquistion cost.For short term, you'll want to be in trendy areas like Broadripple, Holy Cross, Fountain Square, Bates Hendricks, Old Southside, Garfield Park.

Something that I haven’t considered is that my profession as a merchant marine leads me to a schedule of 3 weeks onboard, 3 weeks off of my ship.

Continue asking for references, but do your own research as a cross-check.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

We had several funds and what we did is create an attachment for the agreement that it follows each company but each company is responsible for their own costs and cannot cross polinate the companies. it just saves signing 5x and just do it once sits it is the same agreement