It effects every aspect of the property and performance- the type of loans and insurance you need will change if you don't hold the property in your personal name. 

These areas are all great and growing really fast, in my personal opinion.

We have changed our language to state the the person renting must be at least 25 and MUST be present during the entire stay. 

I admit it's not sexy and it's slow, but it works.If I had to do it all over again, I'd buy a personal home with 3-5% down then repeat every 12-18 months.

If you haven’t educated yourself on general investment strategy, then I would say that you likely haven’t maximized your personal business either.

So you're the person I’m competing with to buy my first house huh? 

I chose to build my PM business from ground.To create a working system and to organize processes is difficult in the beginning, but to my experience it is possible to create a working model based on personal knowledges and then to provide a high level of service to the clients.

Just look at the property on google street view, you don't need to go in person, etc. 

Or steps  Never recommeneded if I was the GC as what if the person does not sell the home or it sells for less than what they owe the bank and the GC? 

If nothing is mentioned about it then I don't get them personally.