It will take them more time to train someone to do something than just hire out.  

Otherwise, hire a property manager with a good reputation.https://apps.leg.wa.gov/rcw/default.aspx?

The danger is the majority owner can do as he pleases, raise HOA fees, then hires himself at inflated prices as the PM for example.

Fix and Flip...Fix and Hold....BRRRR...etcHow were the costs of the repairs determinedDo you have the funds to start the project and make it to through the first draw (if the loan is setup that way)Things that make the lender feel better What is your net worthWill you be the general contractor or will you hire oneIf your credit score is low, do you have bankruptciesWhat is the expected time frame to finish the renovationsRemember in hard money lending we feel that each deal should be a win-win-win, so we want to do the deal to help you get started on your project and help our lenders make money.

I have just put under contract, a 4 plex in Indiana.Trying to be a little proactive, I'm curious on everyone's thoughts on whether I should hire an attorney to look over the lease I created (in which I mean, copied from the resource center here on BP and changed the location) or not.I'd love to hear everyone's take on this but I'm thinking having a lawyer in my corner just makes sense.If that is the case, the real question I have is how to I find the right lawyer?

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I currently hire property managers, but am toying with the idea of managing a couple SFH myself. 

This doesnt account for $9.88 water charge per unit per month.Garbage - Since it is over 4 units you need to hire your own service which if you hire Flood Bros they can get you a 2 yarder twice per week for about $120 plus fees.Vacancy - Run 10% on your numbers just to be safe.Lawn - you can go on a place like taskeasy.com to estimate this cost.  

Do you do all your own work or hire people out?

Also are you going to self manage or hire out.