PM me you're number if you'd like.I don't have any "opportunities" or property for sale or rent at this time or anything else to offer other than info based on my experience.

Purchase price: $341,000 Cash invested: $136,000 Sale price: $519,000 A house that I bought, renovated, and sold.

@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.

I have the credit, experience and the knowledge on how to underwrite the deal to show their ROI in this arrangement vs a traditional sale. 

Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.

He will take anything of value, leave all the trash, and not pay you a dime.

What should I pay attention to if i was to get a property in this situation through an auction?

I'd pay it & chalk it up to lesson learned.

And once you get it dialed in, you can add in the true intent which is additional ai systems to scrape for identifying what properties are Landlord owned, contact info, review for viable potential, and than reaches out in a cold marketing effort to field for potential sale interest. 

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent.