*Provide information about rental rates and other terms and conditions of the rental, as set out in a schedule provided by the owner, and*Accept deposits, fees for credit checks, and other administrative duties, security deposits, and rent*Provide preprinted rental applications and respond to applicants’ inquiries about the application*Show rental units to prospective tenantsAs you can see, a non-licensed, non-resident manager is limited to performing rather routine tasks that don’t call for initiative or decision making.For instance, this manager would not be qualified to negotiate a lease (4), deal with late rents or other violations of the rental agreement or lease (5), or appear in court on your behalf (6).(1) My property manager does NOT live on any of the owners properties.(2) My property manager is unlicensed.(3) My property manager supervises 10 different properties.(4) My property manager has negotiated leases for 12 years without a license.(5) My property manager has dealt with late rents and violations.(6) Unknown

So I’m a Real Estate Developer from an Asian country.

Podcasts I have on cycle:BiggerPockets (Real Estate)Best Real Estate Investment Advice Ever w/Joe Fairless (Real Estate)BiggerPockets Money (Personal Finance)ChooseFI (Personal Finance)Mad Fientist (Personal Finance)The Side Hustle Show (Entrepreneurship)Fat-Burning Man (Health) Impact Theory by Tom Bilyeu (Personal Development)

The tenant's lease (standard lease for my property management company) does not include anything about early termination by owner or what happens if the property is up for sale (other than the tenant needs to be notified 24 hours before the house will be shown to prospective buyers).

All of which are going to give you a huge and varying experiences.I saw that real estate development was something you mentioned as well.

When I helped develop an internal software system for a financial institution we tested all of our loan calculations against TValue and a good ole HP12C.

I would have been more successful on the deal if I used more patience and developed a skeleton team before I closed on the property.

There is an option that you can choose to have a link on your add to have all prospects go thru the screening process or you can opt to send requests from your cozy site to certain tenants who inquire about the property and there won’t be a link for everyone to use.

I know its the vacation capital of the world, but when I was there late last year, the marketing of developers to STR owners was frightening. 

I am trying to get an already existing building in an average area of Los Angeles with conventional loan, they get it permitted and entitled for multi-unit development.