I have been trying to research and have left messages and sent emails with no response to the HUD link I was referred to.

@Courtney HamiltonRecommend 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.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

This is made possible by them setting up a Tenants In Common (TIC) structure.Has anyone done this before?

HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.) 

@Brittany P.The reason people use them is because some Facebook guru told them too, just like if the guru told them to fake a verification of funds or a guru telling people they don’t need to send a borrower a 1098People tend to not do their own research or have an attorney review and just take some template from the guru

I love that there is a forum that offers so many tools to do research and a community of people that just want to succeed in the same way.

I can't seem to find a podcast from the last couple weeks and it has great information I need to apply! 

Is this what you're looking for?

This includes hiring an inspector to check for structural problems, arranging for a pest inspection, and getting a professional appraisal to ensure the property's value matches the bank's asking price.