Work to establish a bi-weekly rent schedule. 

These plans typically cost a bit more to establish due to the legal work, but in most cases will save you considerably over the long term.

@Benny Morfas In my opinion I would find someone that has boots on the ground and build a relationship with an established Contractor and Property management that has experience in that particular neighborhood.

I can not speak for them, but my understanding is that they are buying up current property management companies that are already established and letting them run as their own for a while before using scale and volume. 

@Wirley PierreAs long as you can realistically push rents or establish other income streams from the property, then that's what most people are looking for.  

Also I have a new partner on a property and will need an entity established. 

I am looking to start investing with my brothers and I wanted to know the best strategy in establishing the business.

well established builder don't see major risk.. 

Once a established home went bad I had it back ready right away, maybe a week tops.

I am taking a wholesale approach initially, like a lot of others I see on here doing, with the anticipation of doing bigger and badder things with an established marketing funnel.