Once the account is open, a form will automatically be mailed to you which you must sign and return ASAP to make the account "active".

and that processes the sales agreement from the seller and I to the buyer automatically?

If they ballpark track up and down together, then you should be ballpark automatically protected.

If they haven't signed the new lease, make sure it doesn't revert to a month to month automatically...

Get good at these steps and it will only take a couple minutes to do a preliminary title search on all properties going forward as automatic after criteria screening.Which contracts, how to find buyers, etc are all details. 

Having property management doesn't automatically make you unable to deduct losses and fully passive.

You will NEVER pay $1200 unless you pay late, and we can even set you upon automatic debit so you don’t have to remember anything just to be sure.

Automatic rent collection, late fee collection, and direct deposit to my business account.

Some examples are:1) Lack of knowledge - all the info you need is available on this site or in the many great books available2) Lack of experience - partner with someone to get experience, there is likely some value that you can bring to any deal whether it's skills, money or time3) Lack of connections - seek out partners on BP, broadcast what you are trying to achieve, join local REI groupsYou get the point, guru's make it look like it is all easy and automatic.

They don't have unlimited amounts of money to buy up any and all good deals, plus you would know about the listing the same time they would since they have you on an automatic drip.