It doesn’t matter who you work with or who you don’t work with.  

Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.

It will be easy for you to check if they paid on time, as you can check instantly online.  

@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)

You may want to read up on wholesaling as a way to generate some capital.

I am not sure how a showing did not uncover the attitude of these prospective tenants.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

If it was long term yeah you can make it clear upfront as a take it or leave it.

I would be a job for you, but could be lucrative depending on how you structure the agreement.