I didn't end up doing the course but I had a very different selling experience from Wendy.

Security company on retainer. 

What are the biggest challenges people have faced with this. Also how do I make sure to get good tenants?

Quote from @Unal Baris Kancoglu: I contacted as many companies as possible to get a quote to compare prices for new gas furnaces.

@Phillip Austin we've looked into these and it's our opinion they should only be used with Class A tenants, maybe Class B - deifinitely NOT Class C or D tenants.Several companies in this area will no longer allow S8 leases or tenants under 600 credit scores - because of the high number of claims & corresponding claim amounts.

Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.

Does this structure make sense for investors, or would you recommend different terms to make it more appealing?

I am not sure what the means for insurance payouts, replacement value and property value are VERY different - does anyone know?

The article is off because it is comparing two different types of buyers.  

@Justin Treaster I am sure someone has had good experience with all those companies.