But I think that disqualifies me from collecting a % on any deals I may be apart of and acting as the agent in the deal, thus saving some costs? 

I’d like to collect my money but I also don’t want this guy floating around doing this to other landlords.

Time is money and if one partner is always on the phone getting bids, rent collecting, etc and the other is completely passive it will put a strain on the partnership.

I will ask if they will continue collection efforts or if collection efforts become my responsibility.

for truly passive, without a doubt, syndications or lending/notesthere is, of course, due diligence to be done at the beginning, but after that, it is monitoring and collecting checksI went through this discussion with a friend a year and a half ago, and after a few months of discussion, we were able to come up with this conclusionwell, I came up with it after a few weeks, it took my friend a couple of months to be fully convincedthere are a few syndicators on BP that are highly respected and post a lot, and some people that are also highly respected that can help you with notes/lendingand there are more out there on the internets, but you are of course going to have to vet them furthergood luck on your journeyalohasteve

Is it legal to collect a valuable as a security hold such as car title? 

With current market conditions, it involves putting hundreds of opportunities through the funnel, often through direct to owner marketing or extensive broker relationships.3rd party PM is less about ACTIVE vs PASSIVE than it is about PROFITABLE vs UNPROFITABLE. 

Collect and track information on leads obtained from drip campaigns and conversations in individual lead file.Route inbound calls and record calls in the lead’s file.Automatically populate lead database with information from website contact form / squeeze page and initiate drip campaign.

We have started threatening to send to collections during occupancy if unpaid by X date and have had success in receiving the payment.I don't think an increase as you suggest would fly. 

Grow organically, vertical integration.Partner with local RE brokers to form aboveStart hanging out every morning for at least a week at local lumberyard/HVAC/plumbing/electrical supply house and collect cards in order to build a list of go to vendorsAsk every SFR and MFR investor who they use for every service you need Create a mastermind to share best practice, vendors, group discounts etc for investorsRaise rents to market immediately and hope the long term tenants move out so you can rehab and raise rentsSell "use master lease" to another investor and continue to make money from cash flow and possible interest from eventual owner financeNetwork, Network, Network,Network,Network,https://www.pjstar.com/news/20170117/peoria-landlords-to-form-group-100-attend-first-meetinghttps://principleproperty.net/https://www.phoenixpropertymanagementinc.com/peoria-property-management