Then we would need to get your policies and procedures, if you already have them great we can use those, or we can provide you with them.

Just because we are managing company 123 Main Street for Investor A does not mean we will want to continue with Investor B, if Investor B does not buy in to our processes and procedures or has unrealistic expectations of how 123 Main Street is expected to cashflow, etc.Vet the current PM, vet a few alternatives, and factor in the added complexity of transitioning management on top of title transfer, especially from the tenants' point of view.

Make sure that the handyman or whomever you hire understands what the procedures are for going into the unit and what questions you asked. 

"I created an operating procedures manual.

Make sure you ask the new PM for references, check with the BBB to see how they score and ask them for a detailed rundown on their policies and procedures for marketing, screening, leasing, owner statements, maintenance, turnovers, etc. 

The tenant knows that all rules come through you and it makes it harder for you to set up your policies and procedures.

You can ask around with a few intermediaries and ask about their fees and procedures for returning your funds if the exchange doesn't happen as planned.You should also speak with a tax professional to be prepared in case it does fail.

That provides you with a paid position, training, expertise, forms, policies and procedures, etc.

No, I mean detailing everything Jon Holdman and I have said and more that you need to document a procedure for now so it is not an issue later on.

Is there any other procedure to wholesaling a house when there are back taxes owed?