This also leads owners to ASSUME simpler is better when it comes to management contracts.

One way would be to get the real estate under contract, then bring an experienced partner in who also has access to capital, and stay in the deal as a minority equity partner.

Don't need to read the contract, find a new HML.

Quote from @Kyler Tarr: I am on contract to purchase an investment property in Ohio and the inspection showed the house has knob and tube wiring even though it was built in 1959.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Hello Doug, I am not a real estate attorney nor is this legal advice.Unless someone's state has specific laws banning contract assignments you should be fine doing the following.  

We asked for receipts but haven't received them, even though according to contract they're mandated to share them.  

Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner. 

Lastly, investing in S8 properties is not for the faint of heart (or stomach), both on the property acquisition side, but also on the property management side.

This also leads owners to ASSUME simpler is better when it comes to management contracts.