One of the main reasons I am saying this is many of them have significant title defects that can be remedied but will also take significant time, effort and cost.For example I was reviewing a performing 2nd mortgage recently but the mortgage did not include the legal description and metes and bounds as required by the county.

If so, typically in the operating agreement it outlines how all members of the LLC are expected to perform.

Hey Benton,I own a handful of homes in the Disney area that I rent by the room, and they perform amazing. 

I am curious to know what platforms / companies you have used for finding Performing / Residential  notes.

Can it be amended and the brother buy in as a limited partneron  the original llc that performed the 1031?

You have to put a lot of faith into a company and reputations, proof of performance and specific systems or processes for consistently hitting expectations are all requirements in my opinion if a company wants to earn business.  

Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.

. … When we buy a home from a seller, our title and escrow business, Zillow Closing Services, performs their due diligence for a clean title and a seamless close of the home transaction.

Are they going to run to the attorneys when you want to perform maintenance on your units.

If yours includes one, you can exercise that provision.