You should never allow a seller to become a tenant; he will be able to delay eviction YEARS, not months if he doesn’t pay.  

Pay them well.

I understand that it's best to have a buyer ready to pay cash for the property before you sign a contract with seller, but is it a viable option in the real world we live in?

I am planning to put up for rent a SFH in Prairie Village soon and am interviewing for PM.Who do you trust and why?

@Bob Mai wow, interesting how biased your post is.Their 4% is only if you PREPAY their fees for 12 months, otherwise 6% monthly.They have a minimum of $75/month, which means if your property rents for less than ($75/6%) $1250/month, you will pay more than 6%.They use Latchel for maintenance issues - Latchel is not cheap and there's a kickback in there somewhere.There's a list of extra fees for extra services and there's a lot they do not handle.You get what you pay for, so good luck.

How much do you pay for drywall guys to repair a wall or ceiling?

Is the squatter some random person or where they living there at one point and stopped paying rent? 

Meaning, I don't have to hire out as much or trust the navigation process of a builder/contractor.

Maybe put a few into DST's to avoid taxes, and maybe put a few into regular syndications where you do have to pay the taxes on your sale. 

Take your time, do your due diligence, and trust your instincts.