If they have potential I would like them to be sent over to a friend of mine (who's in sales and recently got his real estate license, he's got the perfect personality for this) to try and close the seller.

In the worst case, I've seen contracts where LPs are made to personally guarantee the loan.

I’d advise you speak to a CPA as well, different trusts bring along potentially different income tax filing results.The maxmimum income tax rates on trusts are also reached far earlier than they would be on a personal income tax return.Generally trusts and LLCs serve different purposes as well (i.e.

I personally think this should be the default setting and should meet the requirements. 

I paid cash using a HELOC on my personal residence.

Be prepared to buy them as many nice lunches as your wallet can handle. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I'll add my personal process.

Heck, some people can handle paint and that’s about it!

There are so many listing agent personalities that each situation will be slightly different and you'll need to practice too get better.