If the current tenant doesn't want to stay at that rate, the current owner has no problem with me replacing him with a new tenant.8-12% is the property management rate according to Google in my area, but I plan on managing these myself until I have an amount of units that makes sense to have my Realty Team manage it.Owner needs cash, which is why he is starting to sell off his assets.

I’m currently in the process of searching for my first property, which I hope to house hack and eventually convert into a long-term rental. 

Recommend doing a search.

I do not wish to waste my time watching videos,searching the internet for how tos and what I should be doing.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

During the months of searching for the perfect property, his has decided to move out of state, closer to family.

I would search around so you know what you need to buy out your partner.

call escobar builders . best price. built my adu and jadu for 125k. search eric escobar on IG

PreREO I believe was run by the same person who owns AHP (American Home Preservation) - which has a lot of chatter on BP that you can search. 

Search for Tacoma-based members on BiggerPockets and filter by those with wholesaling experience.