I'm vacillating because I don't want to miss out on any legal, tax, and other considerations (i.e., Does their equity transfer to me?). 

I want to make sure I am not missing something or maybe it can be done another way.  

I'm in a safe community where crime is low, so we don't have to worry about squatters, missing appliances, etc.

However, I’m wondering if I need to engage an Attorney a borrower has missed a payment and it’s time to send a Notice of Default.Must the Notice of Default (NoD) be a letter sent certified mail or would an email sent to the borrower notifying them of non-payment be considered sufficient as a Notice of Default.

.: Wow I just got caught up on this @James Wise, bummed I missed the live action.

If this was overlooked, consider seeking a second opinion to ensure no missed opportunities.This post does not create a CPA-Client relationship.

Does the PM answer the call or return a missed call within an hour? 

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

Quote from @Bruce Woodruff: After reading all the great advice, I'll reiterate what you seem to be missing:1) You must (not might, must) get rid of your PM.

Still holding pretty strong, sellers just feel bad if they missed the peak, but overall demand is still there!