For example where water is included in the rent. 2.

I did do several flips where one side brings the money, I take care of everything else and we split the profit.

You have all your chips on the table and you can lose in this game, believe me, I've seen people in spots where it looked like they had a clear 50k in profit coming there way and then things go sideways and you hope to break even.

My struggle is the prospect of potentially giving up control, having the choices of team memebrs made by this company for example.Obviously, at the point where I see the potential members of the team to not be suitable anymore, I can definitely look for others, but i'm still finding it to be uncomfortable.What do you guys think of potentially partnering with this type of company, and what would you do if you were in my shoes?

It's an equity sharing group where you receive a percentage of your equity in cash up front with no monthly payments.  

Just wondering where is best to start. 

This is usually done under the assumption that laws are more favorable where the LLC is formed, then the persons home state.

Hemlane offers property management through our innovative model where we send 100% of the rent to you so that you can control and approve expenditures as well as have full transparency into the day-to-day so you always know what's going on and can make key decisions. 

I think we are almost at the point where we will see a lot more investment activity, we are the calm before the storm as the everything bubble pops in the next 6 months. 

I have purchased props where the owner was fed up with all the repairs, ( another words he was a slumlord) well here is a novel idea, RENOVATE IT LOL.