While we do source deals off the MLS we have an extensive marketing arm that brings in over half of our inventory, every month, completely off-market and we will never send you an Active listing and anything sent your way will be under contract with us at a price we feel an investor can walk away with a solid profit.

Sometimes I’ve used Airbnb to pick up occupants for short (10-30 days) during room vacancies but my preferred tenants come from FB marketplace, Craigslist or Zillow and sign a year lease with a security deposit and explicit house rules.

@Michael McMinassianIf you're forming a MMLLC with arms-length members, it's very advisable to have an attorney and tax CPA to draft the operating agreement.There are plenty of things you're going to miss if you use a general "partnership" agreement template off the internet. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Tenants abandoned lease and may need to sell to come up from under the ARM.

The most common loan term for a commercial loan is a 5yr ARM with a 20yr amortization like you have now. 

So we had a hail storm a couple weeks ago and my roofer called me and told me about it and said i should file claims which i have and he met with the adjusters at the properties and i guess is getting them all covered and charging them a arm and a leg for the work.

Everything is negotiable.Just going through the motions (suing for miscategorization of house as apartment, costing lost rent) can strong arm these PMs into annulling the agreement and perhaps even refunding the reserves.I would raise hell and try to get as much leverage as possible.

Someone who wants more of an arm-chair investment needs a property manager. 

@Hen Ley not sure but wouldn’t the arm’s length rule apply here?