I'd do my homework before I commit...have you done inspections or gotten rehab estimates (and not the estimate that the wholesaler gave you).Don't let emotions drive you, think it through and don't be rushed. 

As a landlord, your best defense if things get ugly is correct paperwork delivered in a timely manner.If you're going to evaluate these guys, realize its a commit like a marriage for life.  

Make sure they can commit to a value not to exceed (you want a guaranteed maximum price - GMP).

I am deeply committed to buy-and-hold strategy as well, just not sure how feasible it is leap frog without oodles of equity or cash saved over time.

Even when property owners have property managers, they still usually have to "asset manage" those property managers, deal with the banks, and many more unforeseen time commitments.

If the host takes ownership of the issue, and commits to addressing the problem, I am even more inclined to book with them.  

Oh well dont worry, we"re neighbors now so if something is giving you trouble... just hollar, and If I'm not fishing or busy shooting at stuff, I might-could help ya out and shoot at whatever yankee thing is giving you trouble.Btw... commit "might-could" to memory... i think it's a law that if you were born in anderson, it must be your first word....s.might-could:   (verb squared)  1. the possiblity of it being possible.  

This way these debts were found as opposed to being excluded from the “typical” title policy commitment. 2) in Palm Beach county anyway, a past water debt by the tenant of a prior owner would be forgiven, to the new owner.

He had his daughter come to our boot camp at the age of 12 because he knows he can never sell it and wants her to replace him when he gets too old.If you dissect this story, the key items to the detached apartment model are 1) enough scale (number of lots) to make it worthwhile to undertake the concept 2) the ability to self-manage 3) acknowledging that it is an illiquid asset and working around that.If you could find a 30 space mobile home park that is in decent condition but with a bunch of park-owned homes and vacant lots, and you then committed to fixing the existing homes up and renting them, and then bringing in cheap homes you found on Craigslist or through wholesalers to fill the remaining lots -- keeping your capital outlay as low as possible -- and then could rent those homes for $700 per month at 50% expense ratio, that deal could generate $120,000 per year and you could self-manage it and quit your day job and just run the place.

And maybe commit to keep reusing their skills for long terms.I do this, especially with profit ranges being minimal in ARV.