Fannie Mae has very specific rules about how multiple offers are handled, and divulging other offers is expressly forbidden.

You would need someone to be at the front desk (collect rent, give keys, call the law if necessary, handle complaints, etc.), you would need cleaning people, and I think you would hire maintenance people as it happened, rather than keep someone on the clock when there is no work to be done.

I can handle making the deals and financing them, but would like a partner rather than a contractor working freelance to do the Rehabs.

I will assist with the tenant screening and I will handle any issues that arise regarding the property for a monthly fee. 

Right now my model is buy cash under 75k (keeps holding costs low), rehab estimates around 20k all in assuming worst case, in markets that handle 130k resale. 

You could use a company that handles rentals (they usually charge 15% per week) or you could go VRBO and hire a cleaning service for weekly turnovers.Happy to answer specific questions if you have any!

@Joe Melvin This is how I would handle it.A preliminary screening process is what you need to quickly determine an immediate offer or MAO, based on what you currently know.

With only a portion of the rent going towards the principle and they still handle all the repairs.

Pay close attention do handling downspout discharge as well.Best to you.

If you had another management company handling it differently in the past, I am not sure that they were doing it properly.I do find one of the most important things that landlords can do is keep good open communications with their property managers.We never have problems with owners questioning us on the things that we do and are always happy to explain why were handling something a certain way.I am amazed sometimes that the initial attitude and some of our owners can be very poor and do not make for good working relationship.When dealing with your management company try to keep things on a positive note.