As a PM, I would be worried if a new owner did not ask me at least some of the following:- Company Specifics: first question should be are they licensed (how many properties do you manage, what type/class of properties do you manage, how many property managers on the team, how many years have they been in operation)- Pricing (what is the cost to manage the property (ies), is there a leasing fee (commission structure), is there an onboarding fee, is there an early termination cost, are there ad-hoc costs for maintenance, tenant screening, or miscellaneous costs - such as to appear in court if you have an eviction)- Service offerings (do you have a maintenance team, do you come equipped with a list of contractors/vendors, do you offer the software and portal access for tenants/owners, etc.)- Financial Services (you (owner) should think about what you want the PM to handle, if it is everything from paying bills to insurance procurement to P&L statements then ask that, if you don't want the PM so heavily involved in financials and just more on the surface level of the operations of the property then that is okay too!

Sounds like you're smarter than the average bear, err, arbitrager. :)

Have done any soil testing or build studies so that you can transfer the land in a more opportune way than when you bought it? 

I am going to try and explain my question well, but bear with me.My parents and I split a 12 acre plot of land.  

There is a good chance the walls sit on bare soil and do not have propper footings underneeth. 

I’d like to avoid any interest bearing loans.

There are more bears than PMs 🙂With that being said she would likely be adopting whatever processes and systems I put in place. 

Be careful with the foundations, the soil is sandier so it's common for shifting to occur which will affect the plumbing. 

Some friend has been telling me foundation issue is common in Houston area because it is building on active soil, and the extreme weather might cause foundation issues here and there.

Utilities are separate and paid to the tenant.Upgrades have no bearing on section 8 rent amount.