I'm not an attorney and this is not legal advice. just one man's opinion.

Read the NOLO legal guide for your state as well as "Managing Rental Properties" by Brandon Turner.Create an addendum to ID new LL, how to pay rent etc.

Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

I see a handful are state specific.

Unless you have specific terms beyond the norm, this process should work fine. 

One of the most common struggles for aspiring fund managers -- current cash flow.Many fund managers are struggling in the short term to produce cash flow for their business.In a typical structure, fund managers (specifically referring to folks who leverage SPVs to invest into specific deals or funds) -- may earn 1-2% upfront as an acquisition fee and earn the rest of their compensation in a profit sharing split once the preferred return to investors is achieved.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

*I am not a lawyer and you should seek legal advice.* This information could be inaccurate

My relator never gave me specifics, so I should ask that, I assume just from the profit he is making on his airbnbs.