I excel in identifying landlords open to this approach, paving the way for your business to soar to new heights.Additionally, I am available to support you as a personal assistant, ensuring your requirements are promptly and effectively addressed.

Does this mean that a 30-day notice is required instead of a 3-day notice?

Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.

Transaction costs, seasoning, pre-payment penalties, DTI impacts, minimum lending requirements (more than 50-60k), and a long list of other issues make this a bad strategy.Buy 1 and see how it goes.

If not, they are plenty of free ones out there that can.As far as tools recommendations, I agree with Jonathan, HubSpot is a great free CRM that allows you to make custom tags/lists and can have contact forms embedded in webpages, popups, sidebars, or stand alone form links to easily share in email newsletters/online forums. 

You would only have to prove your ability to pay the existing loan and would not be qualifying for a new loan with all of those FHA requirements.   

Does their contract require you use their vendors?

If the building codes do not require the upgrade of the other units it is unlikely that the company is required to pay for the upgrage. 

Police reports will also be required, and someone is potentially going to jail.  2.

City required asbestos removal first.