I have some auto-denials in the "review phase" based on landlord reference such as numerous late pays on rent, numerous documented lease violations, and move-out damages exceeded collected deposit... but still have yet to enter the "landlord reference/review phase" of my screening process due to the details on their CBR's as noted above. 

This is a really good article that has a lot of questions to ask any potential property manager so I would start there: https://www.biggerpockets.com/blog/questions-to-ask-a-proper...

Replying to this older topic - we've just put up an article on the BiggerPockets Property Management toolkit about this:Should I start an LLC for real estate investing?

These companies typically charge anywhere from $200 to $500, and they take care of the Articles of Organization, EIN, and operating agreement.

This article gives a very helpful starting point.https://www.biggerpockets.com/blog/core-four-real-estate-teamThere are a lot of markets that do have a large selection of MFH that cash flow.

Also, check out this BP article: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

They finally gave up and decided to rent out their home for $11,000 a month and ended up with a squitter and another article about them https://therealdeal.com/chicago/2024/09/16/homeowners-sue-pr... 

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Read this article from GoBankingRates on the best states to own rental property and you'll see Ohio takes the #1 spot.Best And Worst States To Own A Rental Property