The biggest difference in this aspect though is that it is the seller who finds the buyer, not the real estate broker.  

So in that aspect, you are covered.

It tells them that you are serious about your business and are interested in keeping track of every penny you spend, by keeping expert reporting on every aspect of your investment properties.

I covered some aspects of how we screen and operate in a recent thread.For our student tenants in general we perform the same screening we would for any other tenant, with the understanding that they are students and will not likely have the desired income.

I want to have a collection process or system for tenants like with the other aspects of landlording.

Well way I see it thus far is if we look at just the legal aspect two words come to mind.

Also, I'm a little confused about the question you asked at the end...why we wouldn't buy and rent as a business. did you mean why are we thinking of other non-real estate related businesses for the future or did you mean we should re-strategize how we conduct our existing company business?

Just strategically place them around your house and open them up, leave your house for about 3 hours (take any pets with you), and your problem will be solved permanently.

If I did my homework and had a strategy, and then each time a new deal comes around it's getting bid on 20, 30, 50+ times, ... then I fail to understand how the other parties "see" the deal and what they expect to gain from it (perhaps other than the speculative "appreciation" aspect).As Rich Weese and others have reiterated time and time again about how you need to make sure you position yourself well on the "buy-in," then can you all give me your theories and/or tell me what I'm missing here?

However, it will take a while to collect. ( 1 year is the longest one i have had)Lastly, i am sure you might be concerned with the deceased aspect, however this aspect is a non issue if you present your information correctly to the 1st lender in regards to a payoff.