Then I would come back with a seller profile to my boss and my boss would work out some kind of solution with the seller, it could've been a sub2 deal, a joint venture deal, whatever the solution was. 

Real estate is about control and leverage.

These two go hand in hand, as the more units you have, the more control you will have over the HOA and be able to control the assessments of HOA fees. 

Good luck with your new ventures and welcome to Bigger Pockets!  

I hope this helps and the best of luck on your investing venture. 

welcome to BP Brent, here you will find a wealth of information which will prove value in your ventures.

Landlord.com leases, they have some clauses that give your more control over your property.

I am in the bay area and know the market here for rentals is great and rents have been going up a lot over the last few years.You are lucky that you do not have rent control and can increase what you feel like.

You want to "control everything, own nothing" so as to be as unattractive a lawsuit target as possible.You want to assure that a lawsuit from one property will not endanger others, or at least not a "large" portfolio of smaller properties.You want to emplace a layer of protection between your entity structure and yourself personally, as well.

That tells an educated investor that it is an active venture, their first response is often "would I be active or passive"?