Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

I have some news for you, FHA does NOT require a 1 year work history!

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

I'm use to a move-in inspection documenting the condition of everything at time of move-in. 

Verifying last 2 years of rental history very important!

But, people will always be able to see the prior listing history under the Price History section of the listing.

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

Verifying last 2 years of rental history very important!

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Verifying last 2 years of rental history very important!