What sort of risk premium is typically applied to this sort of practice?

My thinking is that as I grow my number of properties I'll be able to sign management contracts with each and, if I get to the point where I can hire a full time property manager, I could begin taking on property management business from properties not owned by myself.I'm interested in hearing people's thoughts in regard to the tax, legal, and practical implications that would result in using this strategy and whether anyone is or has used this strategy before.  

Furthermore I see a tenant who lets me know when there are issues as an opportunity to keep looking in on the place AND with more improvements that I make to the unit the greater the appreciation in value.... 

I can see us being over to work on some improvements and general cleaning a couple days of week also. 

An investment property that cashflows should actually improve your DTI.

. - The lender is wanting to see either a list of improvements including receipts and lien waivers for the new appraisal of $67,000 to justify the higher price and/or they will require 6 month of seasoning.- If someone knows how to buy, appraise and refi in 30 days, please let me know how.

I wish there was a simple step by step instead of guidelines of best practices, but every deal and investor is different just like the pies.Anyway, I house hacked 2 of my rentals, my first and 3rd. 

This best practice is no different than if you receive a physical check from a tenant.

Boy if I was a ground partner of his in any other market I would be telling him to stop selling my product.. anything goes sideways and of course its not his fault.when in fact Morris's whole presentation is full of his opinions that are contrary to good business practices or reality to anyone with any kind of experience in the space. 

I say a couple because anybody can show up once, but is it a business practice?