It didn't sound like it.So, what is he trying to sell off? 

The PM should have written authority to sign on the owner's behalf. 

Welcome to the group! 

When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

The other option would be going to local investor meetups and asking those who attend for good references. 

I had another person try to bargain me down to $1700/month, and said she was moving out of her dad's house and so needed room to store boxes in the extra bedrooms. 

It might be a value-add for prospective tenants to know there is a mechanism in place to leave early.

@Jared Smith Been to Millington. 

conventional How did you add value to the deal?

Acquired the property with cash (to compete with all-cash buyers at the time) and then refinanced 2-3 months post-close How did you add value to the deal?