I will say some policies you can name multiple parties on the insurance but.

The bad part is, they said they lost their jobs.

I hear that I should also get some kind of company letterhead too, to stand out.

I will tell you that good third party management companies are hard to find.

This can take one of two routes: owner-financing, or some type of 3rd party financing.

OTOH, if you buy as a NOO, with plans to rent to two seperate parties, it's still by definition a single family dwelling, that includes 1 to 4 units.

All with $0 of my own and all 3 parties involved are happy.

I agree with Mark for the most part. I

Rented a property 4 times(FL) without meeting tenant 1st 8hr saway.1) Craigslist Ad, credit check, POI,POR, 4 references, verify rental/job2) 1st tenant stayed 2 years no problem(met at move out)3) 2nd ten stayed 1.5 yr broke lease early due to personal(3rd party met)4) 3rd tenant stayed 2 years(didn't meet before move in)5)4 6 months into current lease(met before move in)All good tenants..It really depends on your comfort level and screening process..I'm thorough...

Will you have a 3rd party under contract to purchase deal when you start project?