I sold some houses that had no major problems but buyer’s home inspectors made it all sound so horrible that buyers got scared out of buying and the inspector could double or triple collect on the same customer.

For example, clearing $100 a month when collecting $1,000 a month of rent is OK (10% free cashflow), while clearing $100 a month when collecting $10,000 a month of rent is not good enough (1% free cashflow).

Using a buyer's agent makes sense, if you're using the agent extensively for updates, showings, contacts and miscellaneous information.

What do I have to do to collect rents and pay for maintenance for properties he owns?

Most states have agreements in which the Marketers themselves (AirBnb, HomeAway) collect and remit the sales tax and applicable fees. 

Combine some of those factors with congress attempting to make collection law even more consumer friendly, and the rise of frivolous collection lawsuits, and you have an eventual recipe for a bubble bursting.

At that time you can create a property management company that collects all funds and then distributes the funds to appropriate account.  

In nearly a decade of managing hundreds of rentals, I've never had a single tenant abandon a place and then come back later to collect something they left behind.In the future, you should never let things go this long.

A landlord may not:(1) charge an applicant a screening fee when the landlord knows or should have known that no rental unit is available at that time or will be available within a reasonable future time;(2) collect or hold an applicant screening fee without giving the applicant a written receipt for the fee, which may be incorporated into the application form, upon request of the applicant; or(3) use, cash, or deposit an applicant screening fee until all prior applicants have either been screened and rejected, or offered the unit and declined to enter into a rental agreement.Subd. 2.Return of applicant screening fee.

Looking for a commercial broker who is willing to offer some insight on Offering Memorandums, data collection resources and best way to organize template.Feel free to private message me.Thanks in Advance,