On the REIT side - When these investments go underwater, often the sponsor company will freeze or drastically reduce redemptions.

If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding. 

I'd also recommend you have a good relationship with an investor-focused Realtor that can connect you with a solid Property Management company, etc. 

my last post on this subject.I ran into a small company  6 folks involved  boy friend girl friends  they read rich dad book then went to a guru presentation and learned about wrapping notes which of course is the bizz model your talking about.

One risk I could think of is - Even witb a 20 year guaranteed lease, thr company could bankrupt & may put me in a situation to look for a tenant.

For example, we've recently taken over marketing internally because the property management company was not experienced enough in using the newer advertising methods we need to pursue.

I would be happy to share with you Property Management companies and assist you with any advise if you send me a DM. 

A team of lenders, title companies, contractors and RE attorneys, and significant knowledge of the intricacies of real estate transactions, you will be MORE than prepared to dive feet first into your first deals and will do so with CONFIDENCE.

Steadily has their own product (with multiple writing companies) and then they offer policies through other carriers just as an independent agency would. 

I have noticed that as companies they grow, their quality and attentiveness tend to decrease.