It effects every aspect of the property and performance- the type of loans and insurance you need will change if you don't hold the property in your personal name. 

And the bank will need a contact person for security reasons.  

If  your rule is not to rent to anyone with a prior eviction, this person would fall under that rule.  

We have changed our language to state the the person renting must be at least 25 and MUST be present during the entire stay. 

I admit it's not sexy and it's slow, but it works.If I had to do it all over again, I'd buy a personal home with 3-5% down then repeat every 12-18 months.

These areas are all great and growing really fast, in my personal opinion.

Attending these meetings will help you network and establish relationships with others in the industry.

After 1 investment property it's easy to be over your personal DTI ratio and to keep going you'll likely need a small local bank that looks at the debt service coverage and the risk.  

I am currently living with my parents, because I recently ended a relationship, and did not have the means to purchase a home.

I chose to build my PM business from ground.To create a working system and to organize processes is difficult in the beginning, but to my experience it is possible to create a working model based on personal knowledges and then to provide a high level of service to the clients.