Some had the law firm on retainer and could send as many cases for what ever amount was owed, others were on a case by case basis.

At least you get to retain the value even if regulation tightens. 

It is legal to sell the home in Delaware while it's rented under the "change of use" for the home (from investor owner to home owner) And if an investor buys the home they can retain the tenant.  

So we focus on performance which means there are more limitations on design in order to retain that performance element.

At that point you are essentially in the property for nothing, but have retained your equity position. 

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

.📌 Landlords owning older multi-family units in Las Vegas face the challenge of keeping up with the evolving market to attract and retain tenants in the face of fierce competition from newly built alternatives as I said. 

I foresee retaining the management side of the business and taking a standard percentage for services on each property.

No problem....If I were you, I'd double check with that agent, or another one, because I do remember my agent mentioning there were some exceptions for owner-occupied properties, but I didn't retain that information because I don't live there and it didn't apply to me

It retains the same cost and accumulated depreciation that you have now.