I should note that that I was using Baselane's banking service to collect deposit and rent, and had moved the funds immediately to my private bank after I collected (thank god!).

We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.  

Also, in general, I wouldn't solely rely on a single source, rather: 1) collect feedback from various sources, 2) decide which components are the most critical for you personally, 3) weigh in on the pros and cons, 4) speak with all of the operators to add to the list of pros and cons, 5) and only then make an informed decision. 

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.   

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

When you see what people do with old space heaters, guards and safety removed, plugging in several in one overloaded extension cors,... you can see where the concern is coming from.

Flipped a house with a pretty extensive mold problem but all drywall and flooring was replaced.

@Rickie LattimoreGive up 95% of the equity - oversee the properties and collect a management fee.

I actually collected the differential of 7% interest on the $50,000 note (this was an interest only note - not amortized) for 18 years!.

In a few of the states there is either a form. you must sign or an application that your escrow closer must file in order to exempt from any state taxes or withholdings that might normally be collected at sale .