With the latter, we will take the forms and have that organization sign in memorandum of understanding and lay out the training program.

I recently had a contractor who had a guy cleaning the property say that he was out here volunteering his time when he could be at another job making two grand painting.

The second one is cost.I think what happens is, most investors do not take the time to interview PM organizations.  

There has been a lot of conversation among our legislators regarding tenant rights organizations pushing for rent abatement to help renters unable to pay rent.

Going to write this post in bullet format for ease of organization...Wife is an emergency physician.

Going to write this post in bullet format for ease of organization...Wife is an emergency physician.

Essentially it's 5% down from some sort of government funding, non profit organization.

Once you have your workflow and contractors all organized, then I would think about taking on a property like #1. 

Howdy Kyle, For a great overview of the process, I highly recommend Matt Faircloth's book, "Raising Private Capital" because he'll give you a way to organize your thinking about, and approach to soliciting, other people's money.

The owner volunteered to drop the price another $5.k to accommodate the repair/replacement of these mechanicals.