We also invest out of state and self manage to retain control and savings.

It goes a long way in building good relationships with and retaining them.

That way you retain complete control of the project and he still gets that extra pay that you seem determined to give him through a JV agreement.

-tenants prefer quieter streets-get a good lease-require a 1yr commitment, but do month-to-month leases(that way you retain more control if tenant is a problem)-individual/separate utilities are preferableBuy in the nicest areas possible at the best price.

Im the researcher and financial/credit power and he is the muscle, talker and rehab expert in our marriage.

"In the management of Your Property(ies) some amounts may be paid by a tenant or prospective tenant, pursuant to the lease agreement or tenant application, which will be retained by Us as further compensation for Our services, such as late fees, notice fees, non-refundable deposits, administrative fees, municipal service fees in excess of taxes paid, etc."

Right after I served them the three day notice, I was basically told that I had to retain a lawyer because he had to file the paperwork.

Tell the buyer they need to perform by a certain date or you will retain the security deposit as damages.

You also have the option if you are operating this as a hobby, as opposed to a business, you can do what ever you choose with the rent to retain the tenant at all cost.

Just pick the one with the lowest price and a reasonable set of reviews and muscle your way through it.