Of #1-3 I prefer #1&2 over #3 as I feel the provider has more "skin in the game" and their compensation is better aligned to yours as the passive investor.

insurance policy is a good way to go.I have been in this game for 40 years and never even came close to sniffing a lawsuit from a tenant.. but of course the very day I say this you get sued..

Plus you get so many features from going Pro, that's it's definitely worth every penny.

Spend time on the forums to get a solid grip on the real estate game.

That changes the game a lot...you don't want to move somewhere of course that you hate just for the sake of being able to invest there.

Title III will be a game changer in the real estate space for smaller projects.  

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

They have the network and might have a tenant for the property.Go to SIOR online and there is a search feature there for office and industrial brokers.The attorneys usually handle the leases for negotiation and signing. 

Welcome to BP Evan, you have an impressive background for a SFR portfolio investments.Begin my making contacts with those who may be an asset to your organization and use the key word feature that will alert you of topics that interest you.Might explain the your partnership a bit more and the experience of the organization.Best of luck and enjoy the holidays!

So townhouse/row houses are pretty much the only game in that neighborhood and those townhomes can go for something in the $300-$600K range.