A simple source document review correlating the company's bank records of money in, investor principal owed out and total out for real estate currently owned would likely reveal a lot.

@Chantelle LewisRecommend 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.

I stopped reading after reading your subject line...know this:The #1 reason why landlords fail is due to their failure to manage to the lease (Source: American Apartment Owners' Assn). 

This question crossed my mind recently after reading a post and some comments discussing whether an investor is experienced enough to raise capital from outside sources.

Commissioner, 87 T.C. 74, 77 (1986).The IRS is not required to prove the likely source of the income.

- Good source to find reputable and experienced small multifamily builders once we firm up a specific market?

Originally posted by @Barbie Steele:The confusion regarding the JADUs and owner occupancy comes from the information source.

They try to source deal flow, and raise the capital for the deals.

We vetted a  handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources. 

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.