So I would be inclined to just wait it out.

Hi Marci,I am inclined to say this cost is 100% your responsibility unfortunately. 

25-30% management fee seems to be quite a lot.I am inclined to go with bigger company and go from there.

If you develop a relationship and know the lingo, you are less inclined to get the question.

Actually, I do the bookkeeping on our LLC, so it might be something you want to delegate to your wife if she has the inclination and temperament.Since we purchased with cash, we were able to place our building directly into an LLC. 

We're going through the same process right now and are inclined to create one LLC per property with a Corp as controlling entity.Even though some states do not require you to register the entity on that state (in Ohio is preferably but not mandatory for example), if you would to have any legal issues, you would need to be registered to conduct business in that state.

The previous owner hasn't responded back yet but I'm inclined to say "no" either way since it's not in the lease.

I worry because quite frankly our tenant pool isn't one that adapts super well to change, they aren't that technologically inclined (online / app = payments - lol - some of these folks are depositing cash into our bank accounts on the 5th) and I worry that this change will disrupt, cause move-outs, more fees, etc...Thanks in advance for your insight, heckles and advice.

What are some of the challenges that you have faced in the past when educating investors that may be more inclined or versed in the traditional real estate asset classes, Such as SFR, MFR, etc... 

My initial inclination is to get an MBA focused in finance.