If you choose to proceed, I recommend verifying the source of the funds as it could be tied to a specific type of compensation.

They will be filing my 1099 for me to the IRS.In general, what tips and recommendations do you have that I should keep in mind in my first year of renting, and for a first time, hands-off landlord?

With the CapEx part of this, the 5% is the monthly amount to be saved for future CapEx (based on a BP recommendation).

Any recommendations would be greatly appreciated.Thank you.Sabrina

Highly recommend.

You can tell him I recommended him if you want.

Pleasant but my agent did not recommend that area for rental, especially medium term (my strategy). 

Hello:Could someone please recommend rental management portals that you have used or use to securely store your tenants sensitive documents like passport?

You're recommendation to conceal it from us is what I am taking issue with. 

I'd recommend Columbus Ohio because I see it being one of the biggest metropolitan cities in the next 10-20 years, all signs are pointing here!