I represent a lot of buyers in Tampa, and some hire me for full service PM, limited service PM, and some self manage. 

Option B: DSCR loan against property continue rent and hire a PM.Pros: Loan money is tax free.

Sorry for the seemingly obvious question.Do people you hire as backups know that they are backups?

Considering that he isn't there personally for the renovation he hires someone to manage the construction project.

But if you or even someone you hire were to violate collections laws, licensing laws, securities laws, or bankruptcy laws, you could be fined (or sued) for much more than the investment principle.

A lot of them didn't want to listen to sound advice from me, the person they hired, and projects went left and failed. 

I'd suggest these.Instead of hiring a company, I'd suggest getting some bottles of Vet's Best flea spray.

Second, are you planning to self-manage or hire a PM?

If you wanted to, you could simply hire one of the many other PM's out there, rent the thing for $1,200+ and them sell it in 10-15 years for a healthy profit.

Their role is purely administrative, so if you file incorrectly or choose the wrong entity type, you’re on your own.3.Hiring a Lawyer or CPA (White-Glove Service):This is the most comprehensive option, with costs ranging from $1,000 to $3,000.