Please feel free to reach out to me directly or make a comment on this post if you have any references or links to helpful resources. 

@James Moen below are important points to know about self managing:Cross-reference Rabbu and Airdna to get an idea of what property can potentially earn, shooting for at least a 20% cash on cash returnResearch properties near yours on Airbnb to figure out what amenities sell and what you can add to stand outHire a professional photographerImplement a pricing tool like Wheelhouse, Pricelabs, or Beyond Pricing.

The potential tenants are aware that I'm the PM and neighbor.Rent: $1,600Tenant 1: a few years about of school, excellent previous landlord references, two jobs, seemed clean cut and put together, Gross Income to half / full rent: 6.77x Half Rent / 3.3x Full RentVolunteered dad (well qualified cosigner) who agreed to be cosigner and passed all screens.Tenant 2: Similar life status and feel as Tenant 1, lives with parents (no rental history), toured apartment with his mom, Gross Income to half / full rent - 3.6x Half Rent / 1.83x Full Rent.Would you require a cosigner for tenant 2 or is tenant 1's dad enough when combined with both incomes?

I think what OP is trying to refer to is that the general recommendation is to buy at 70% of ARV for a flip.That "rule" is very very general.

My hair dresser is a tenant, my current handyman was referred by a tenant, I rent to the children of subcontractors I hire,  I rent to my the children and friends of my current tenants, I refer tenants that need help to agencies where I have tenants working, I eat at the restaurant owned by a tenant.

When I go to my house in the desert near Las Vegas my tablet uses an A T & T phone sim card and when I set my tablet up on a table it is exactly the same as if I was using my desktop while in my office.It the report image.

I take it you are referring to a bridge loan for rehab.

He gets all my deals first and I have referred some of my other wholesaler colleagues to him.

I have an understanding of how they work, but need a reliable contact that is dependable to refer clients to.

If they refuse to pay, reference your contract for the next step.