- Zillow is the #1 source of tenant leads, with it's other websites Trulia & Hotpads. - What is your PMC charging for Tenant Placement?

@Tanya Maslach For properties in Ohio, it’s simpler to form an LLC in Ohio rather than Colorado, as it avoids registering as a foreign LLC and reduces costs and administrative work.

I spend all day sourcing deals now.

They both involve sourcing deals.  

How would you source a manager?

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

I still get qualified candidates from all sources. 

In my experience in foreign countries, there is often less consumer protections/ no central MLS or licensing/ greater risk to the principals, much more red tape, and overall higher transactions costs than here so it's important to look at the whole picture not just the commish %.

Go to the source.

Down payment/ financing may be a moot point if your are foreign.