I've sent so many follow-ups, and the issues remain.

For example the license should not only have a cost but also require at least some compliance training targeting some of the most common issues/complaints.

It might be payment notices are going to a different address and it is simply overlooked. 

My issue is finding the right opportunity being that I'm in a high COL area.

Tenant moved in the first week of December and there's been an excess of communication from the owners for somewhat minor issues or concerns.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.

I thought I bring this issue about Peter Harris back up .I was also told about the $10k start up fee .

. - Just be prepared, because a motivated seller typically has a property with issues you need to be sure you can solve.

What is as important is that you require the insurance to be issued with you as the landlord as "additionally insured." 

Joe I think one of the issues with rentals that need to be fed is how people have such a fixation on ROI and leverage . 

It is certainly beneficial to have someone local that you can call on for these emergency issues but don't see it necessary to have a full time PM in my opinion.