Unless you’re 4 hours or less drive from the subject property, you’re not going to be there for most times. 

They usually say something like Pkg 5-dfw 28 llc, with 10-20 properties in each LLC.

_______________________________________________________________________________Recommend 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.

Then your LLC leases the property from the trust with the right to sublet the property.

The property aggregators (Zillow) etc are good for high level comps but miss key details such as concessions & amount, private remarks about the property that materially impact value (for ex. solar panels are leased w/ 20 years remaining) and limited pictures of the property.  

We have a Two-family investment property in NYC with a 3.25% rate.

An appraiser looks for 3 recent sales in the immediate area within the same vintage of build, sq feet, style, number of bedrooms, number of bathrooms and so on or as close to it as he can get.The "subject property" might get some value taken away from it if it has a lot of deferred maintenance.

I've learned a ton, gained a ton of experience, had some long nights, but overall very pleased with the first year in business.Once I onboarded property #4 I realized I was getting close to my max in terms of how many properties I can take on with no other employees or outside help, while still being able to dedicate ample time to my 2 other businesses (I'm also a general contractor and content creator).My plan is to hover around 5 properties for the long haul.

Appraisal is an issue as discussed above, with two houses on one property, finding a good appraisal is quite difficult.  

@Adeel Makda , contact Peak Properties.