You have more control than you do in the stock market.  

Remember you don't have to own a property to control it.

The two in my area i found were from a radio ad and investor referral.  

I too have a property management company in place but I want to be armed with enough information so I can be in control of the decisions that are made.

His response made sense, however, would allowing this take control away from me as the assignor ?

Why do you want to partner with someone who is losing their home and obviously finds trouble controlling finances, decisions, etc...?  

Also, if you fund a marketing campaign control the leads.  

Remember you don't have to own a property to control it.

If I start to make exceptions I lose control.  

If you're going to 'stay involved' you may as well buy the place sub2 and LO or sell on a wrap or whatever, that way you have direct control over the situation, and you make far more money in the process.