We use a third party servicer to do all of this - much easier and when starting just tracked payments in wuickbooks as servicer tracked everything else 

Refer to the frequently asked questions on the third slide. https://www.hud.gov/sites/dfiles/SFH/documents/MO_203k_Progr...

Furthermore, if anyone knows of a third party that provides the data or is interested in periodically gathering the data for me from the county courthouse (for a monetary reward), please reach out.

-how is management split among you, PadSplit and any other third parties?

Upon logging into my Stessa account, I discovered that all my property rent rolls, and transaction history from the past two years had disappeared.

Instead of a custodian/administrator, find a facilitator (i.e. a third-party administrator).

Could you get another tenant in the third bedroom to really bring down your cost of living?

You LP lost everything.Other ways, poor property management team isn't managing property well, and syndicator bought in tertiary market with only one or two managers available and no way to self manage.  

We only charge third-party fees like the appraisal and the borrower pays the vendor directly.

There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.