In general, an enforceable contract requires three basic elements: 1) an offer, 2) acceptance, and 3) consideration.

If not, your PM should do all tenant interactions. 

This is why I meet prospective tenants in person and I observe them as they are interacting with me.

I've been interested in dabbling in the REI game for awhile now, educating myself with anything I could get my hands on, books, podcasts, youtube videos, and the occasional interaction with strangers.

Being a MLO you've interacted with a variety of investors so you likely have some idea of what makes sense to you or doesn't.

The only reasoning I can think of around this, would be if your renting rooms with shared common space, where there may be a lot of interaction between tenants, and maybe you.Outside of that scenario, I just see it as excluding a percentage of the populations who's money is just as good as anyone else's.

I would just like to reduce the number of organizations I have to interact with and the number of surfaces where critical information or knowledge needs to be exchanged.   

Try elements financial, signature financial, penfed.

@Paige Harrison You never need to visit the property or interact with tenants (if you don't want to) when you connect with key players.

One cannot be done without the other and both functions are critical elements tied to the other.Renovation costs can be represented as a single line item along with other project costs, however, just like Operating Expenses, the more detailed line items identified that compose renovation costs, the better.The only way to get "unstuck" estimating renovation costs is to create a robust list of all of the work that needs to be done (required repairs) as well as the work that you'd "like" to see done (elective additions and repairs).