This is great news because my last interaction with these tenants was not as smooth as I would have liked.

On some days, I don't do anything pertaining to managing a property.When I return to town where my properties are I do the little things to make certain my places are running smoothly (vacuum the halls, check hallway light bulbs, clean anything that needs cleaned, etc.) but aside from that it pretty much runs itself.

He thinks this will not be an issue because he set up a HELOC with his long-term girlfriend of 15 yrs. on their primary residence after adding her to the title, and it was a very smooth process.

Secondly, at the time that I'm taking over the units, what sort of info I need from the seller to ensure a smooth operation?

My application process went smooth and yes we paid the sign up fee for the 100% financing, Yes we have an adviser, Yes we have a project manager.Yes we have access to 3 deals at a time, Yes the 1st evaluation is free and we have to pay for the others, I made sure to ask every question there is.

If you want the deal to run as smooth as possible, get them two things ASAP. 

That is my idea, if everything runs as smooth as I'd hope, getting 10-20 of these over the next few years would be awesome. 

Hope your closing and exit plan both go smoothly.

Their prices were competitive, and the closing went very smoothly.

Rather than start our supply list over, we stuck with it and it was not a smooth process and through the process I also learned the savings by going to a big box versus local suppliers results in only a nominal to zero savings and not worth the extra hassle.The biggest lesson learned is that compiling fixtures lists is time consuming and unless you're engaging a designer to spec materials and fixtures to be used, like I do on my commercial projects, you need to be better prepared than I was.