We have a smart lock controller and access system that now has smoking and party sensors to acknowledge violations and communicate to the proper party. 

I have referred many clients to these Gas and they were help with the communication, deadlines, and the final cost.

So start thinking about the scope of what it is you want to do and see what sorts of people might have that kind of cash to invest.Also, you want to limit your number of investors so you don't have to try to communicate with 50-100 people, each of whom has a $5,000 - $10,000 slice of a massive pie. 

The property management company that you may select, after interviewing, should set the standard in the property management industry for customer service, resident retention and fantastic communication for both parties.

One of the best things to ask is about the operator’s communication.

3) What is the recommended communication medium and frequency?

How is the communication?

Things I have never had a tenant care about (at least that they communicated): age/type of windows; countertop material; floor material that's not carpet; age/brand of appliances; plants/type of landscaping; color of house exterior; roof type/material; fence type/material; no garage; no dining room.

Of course I have done my due diligences in researching and  finding as much information as I could on how to get started, but I find that communicating on the forums makes for a more reliable and personable response. 

Some buyers/agents do like a preliminary communication, sometimes referred to as something like a Term Sheet, basically just something like bullets points, outlining a proposed offer.