We did a “friendly” foreclosure and hired the borrower to manage the property for us, giving him an option to buy back the property ( at a healthy profit to us).

They wanted us to have "skin in the game". 

An agent and a PMC should work together to find you great rental properties.We don't recommend relying solely on an agent as they're out of the picture after the closing.No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

However, many investors like to see that the sponsor has their money invested also (" skin in the game") so I'd try to invest something, or make sure that SOMEONE on the general partnership team has some of their own capital invested.

What they fail to understand is that we need healthy businesses to deliver great places to live. 

It gets dusty and probably not healthy.

The STR market in the Fingerlakes is really healthy. 

We had the time booked within 24 hours so no skin off our nose.

thank you for anyone reading this and may leave a comment in advance.I bought a single family home in Cincinnati Ohio, Mount healthy area in 2019. 74k to purchase, 26k to flip (from total disaster to be fully functional with new HVAC/water heater). 3bd 3bath 1800sq with 3000sqft backyard . 

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.