Am I responsible for their safety etc.?

Am I missing why this isn't a good idea?!

Questions like, "am I making the right decision" are part of the process.

If I do not have a W2, am I still able to refinance into a longer term mortgage after I season the property? 

If I do not have a W2, am I still able to refinance into a longer term mortgage after I season the property?

This sounds like a great idea on paper and it is a way for me to get so much more capital than I can do on my own....But what the hell am I missing or is this just a unicorn type of situation???  

Am i thinking too much into this?

If something similar happed to you share what you did to solve that propblem. this year i bought my first investment property out of state. i live in california and i bough it in chicago, i hired a property management to handle the house and the tenant since im not going to be in chicago. the first month the tenant was late on her rent and i had to call and remind the property management to do something about it, that was the fist month. the second month the same thing happend i had to call and text management to remind them of the rent i always have to remind them. every month the tenant pays extra which is the late fee and they keep it because supposedly they are the ones who make calls but i feel that if i dont call them they wont do anything about it and also i found out that the tenant had not yet paid the water bill. so i called the management office to tell them that they need to reemind the tenant to pay her bill and the owner answered and said that theres is nothing to worry about. they are not gonna send me to collection if the bill is not gonna be paid, he said even is under my name. so i told him that he need it to remind the tenant to pay the bill anyway. its been four months that i have that tenant in the house and she always pays late. this month of december i havent received my rent yet. i'm new in this investment world and i want to know what you guys think. am i doing something wrong here? 

Or am I setting myself up well the way I have it?

Our price points just aren't that high, so finding lenders who don't have a $100k minimum or more is tough.Outside of the refinancing, am I overlooking any other obstacles?