They can be a wealth of info and even a source of future deals and partnerships. 

If you need help in the future I may be able to refer you some people that you can add to your team. 

So, if you prefer not to use hard money, that might be a way to go in the future.

If your tenant has less to legitimately complain about than the rest of the people s/he works with, sooner or later you're going to end up with a waiting list of future tenants.

But in order to make sure they are being fair and to prevent them from future abuse to the future, I felt it necessary.

I have to keep a separate account to pay those expenses and a yearly statement accounting for escrow and estimated future payments.It’s not exactly passive. 

alot of this I think would be determined on personal goals of yourself and family followed by goals of your future for example I bought my first house 2 years ago small little 3 bed 1 bath thought great started now i have 1 5 year old terror I already see the drama of a girl in teens sharing a bath room -_- I would give ANYTHING to go back 2 years and buy a duplex "but I cant" sooo I now have great sweat equity built into my home and will be taking a heloc out on it to do my first deal.

Just a tip for the future.

I am hoping to start off with a duplex or triplex sometime in the near future.

Just would like to get an over all feel for SFH investing for the foreseeable future and ask questions like I’ve been doing with MFH the past month.