I always recommend for my clients (and myself) to run the investment portfolio like a business and suggest to form an LLC (running as S-Corp), even with only 1 property.

I looked into PM services, and based on my calculations, 25% of my net cash flow is going towards PM (factoring their initial 75% one-time setup fee and 8% management).Also, there are no 1-bedroom apartments or condos in the block - only 1+ bedrooms available - not for rent but none present.

@Theresa Harris the ruling require exclusivity to the listing agent’s listings… one just becomes a client of the agent, who you happen to meet at one of their listings.  

I have clients buying right now in a new townhome community by Lennar. 

I would have paid another experienced local investor (an unbiased party not having anything to do with the sale of the home or selling me services) to do a thorough video tour of every inch of the house before submitting an offer. 

As in my case, working as a full service Property Manager, I'd imagine that would instill more confidence that a building will be taken care of, units will be leased, preventative maintenance will be done, etc.

I understand the above services are not free and so willing to pay for it and also open to be fingerprinted.

Personally I think if you are providing a service to an owner in foreclosure disclose it and disclose your fee..

They also have couple of sister companies, DFY Service solutions and Mansa home solutions.

For example, past clients of mine have acquired properties containing an in-law suite, which they rent out as an LTR or STR.