A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A good PM should protect your interests and anticipate potential risks like this.Let me know how it all shakes out!

There are so many scams out there that we have to protect ourselves and unsuspecting tenants before allowing a showing.

I don't know your living situation but if your paying x,xxx for rent or a mortgage and instead by living in one side and renting out the other you will be paying y,yyy instead and y is less then x that's great, especially if you can rent out your primary residence and make income there too. 

I personally use the mass text capabilities through my Resident RE CRM.However I have a few friends who wholesale and invest and use Mobile Monkey to mass text and from what they say the price is pretty reasonable.

EXACTLY Darius its well known in those circles  this is why the state of PA is coming out with new laws that will clearly define how the lease option works and treat it more like a seller carry back with Dodd Frank protections.. 

Hello, I'm in Colorado and run the Denver Association of Assisted Living Residences.

@Kris TohovitisI wouldn't recommend using your cash to pay off the mortgage on your primary residence since you can likely get a better return on that money by investing it.What's your buying criteria for the multi-family property?

Investment Info:Single-family residence wholesale investment.

The landlord should be named on the tenant's insurance policy for additional protection and to assist with tracking compliance.