There is no scenario where this isn’t a gift given to real estate investors to encourage it.

Texas law actively encourages parties to settle disagreements without resorting to the legal system, and numerous contracts and agreements have clauses requiring ADR in the event of a disagreement.

@Cliff ConnorRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Your rents should also be going up, trailing market rent just a little to not encourage turn over. 

Quite encouraging.

And thanks for reminding me to back fill some detail.Some things off the dome - disclaimer - there may be more:- we review the file for disparate loan amounts (ie underlying lien cannot be more than new)- we assist with getting insurance in place- I stay involved in all my wraps post closing - if needed- we have auto releases in our deed of trust to avoid needing seller when all are paid off- we provide POAs to handle return of escrows and insurance claim proceeds- we advise how to handle re 1098 tax notices- we actually step in if there is overreaching or errors in structure/contracting- we encourage 3rd party loan servicing companies be used- we require the wrapped note to be obtained and reviewed before closing- we encourage an RMLO be used to vet end buyers- we advise of all required state and federal disclosures be usedThat is all I have off the cuff -- but very much looking forward to hearing from others on their risk avoidance measures

I encourage you to go to my profile and look at some of my previous posts where I go into deeper dives.

The intent of 15 year exclusion is that adding a unit does not get rent controlled for 15 years to encourage adding units.  

JImmy mods are going to get you for continuing to cut and paste the same things over and over.he spams these messages encouraging investors to reach out with questions and when you do try to connect with him, he'll reject you and tell you to do more research until you are for sure ready to buy in Columbus... 

And I would also encourage you to communicate in writing if at all possible whether it's text or email.