Marketing and advertising your property: Through long experience, a property manager will know exactly where to market your property and how to craft compelling advertising materials.Finding the right tenants: Experienced property managers are experts at finding good tenants, and will take care of all the details, including the securing all criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references.Managing tenants: The property manager will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.Managing vendor relationships: Property management companies have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate.Ensuring that you're in compliance with regulations and property laws: There are a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property.

I was recently involved in helping an individual respond to an IRS compliance check on this matter. 

Time is of theessence for this paragraph and strict compliance with the time for performance isThe buyer can ask for any repairs and/or price reductions during this period. 

HmmmNext, it's a non-owner occupied residential property, so to be in compliance with the Safe Act, you'll need to have a Mortgage Originator originate the loan, which will mean you won't be doing an interest only loan.Don't know where you got the value of the home from, is there any repair needed?

Ads advertising any partnership would need to make clear the type of partnership and degree of participation to avoid any interest by some compliance type.

If I have time I'm going to pay a visit to the township zoning officer and see what he has to say; if he thinks adding land would be beneficial to our property compliance and overall value, I'll keep pursuing this.What really irritates me is that they don't even use the damned barn.

As well as, compliance due diligence.  

Ratios, cost per sf, equipment, who maintains what, market movements, zoning compliance, environmental impacts ... 

I'm pretty sure, even today, there is no one on this site that is up on the compliance issues of RE more than I am.

Investors can choose which deal they invest in and you get substantial legal, compliance and other tax savings compared to doing one deal at a time.