issues involving how to make repairs?

If that is the case, do title companies and other parties involved who ensure the transaction goes through care about the terms at all?

It took significantly longer than hoped but doing it only on nights and weekends with full-time job that involves travel made it difficult.

I think even the laziest Investor would at least send someone to drive by the property to see the if meth is involved in this endeavor, but believe it or not there are a few sources that will keep records of properties where a drug lab ever existed.

So you could go with a traditional turnkey company or a hybrid turnkey company which involves an agent selling you properties from the MLS / Zillow / Their listings along with a property management arm in house to take things over post closing. 

That said we also cannot deny simply because someone is a Felon!

owner to owner ( No agent involved) - Do you recommend, it helps save money....

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The mere fact he is involving his Ira and has post closing plans suggests he is getting some benefit already. 

@George BrutonThink this situation is a bit tricky and off the books since he's a friend of a friend who wants to build trust and get me involved in the business.