I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?

Doesn't seem like the deal to be an island

A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.

With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.

Doesn't exist in Canada.

What you are asking is a super important question and it doesn't just apply to lenders.

It's less risky for you if it doesn't rent well and it's more profitable for him (most likely) without the headache.  

A prudent investor doesn't seek quick riches through shortcuts.