(For example, will a rental location be filled with staff because the area is growing quickly and needs lots of people?

Much less overhead and regulations, not the normal ordering headaches you'll find, staff is much more reliable because they NEED their jobs and the stress level is minimal.

Thank you, I too am realizing now that its ok to lay out the ground work but the most important thing is not necessarily the plan but the execution.

A good source of help for setting up your business is also an organization called SCORE, which is made up of retired executives giving their time for FREE to help you, the budding entrepreneur.

Like I said in my post below we ended up moving forward with the deal, but after he provided us with the schedule e, he couldn't get us executed leases from the property.

With a little more effort, and maybe one more staff member, we could look after other people's properties.However I'm unsure about the actual business side of being a property manager.

In installment transactions it is customary to have the buyer execute a QC to be held in escrow in the event of default at the time of settlement.

Most of the other websites are working on enhancing their sites but they still have a ways to go.Website Ease of Use as it relates to investing---Of all the sites, I think Patch of Land has the smoothest process for signing up, transferring money, and executing paperwork.

We use an automated system for this and if the tech does not respond within the designated time frame, it calls the next person on the list until it gets to me, the property manager ... and no emergency call should ever get to me (we have a maintenance staff of 6 FT techs).I do agree with you and would be upset if it took 7 hours for me to get wind of that situation as well.  

I have a property management company I trust.Will I also need to hire on-site staff?