Primarily because home prices in the area are expected to flatline / deflate/ correct,  but also because the property was built in the 50s and more serious deferred repairs and maintenance are starting to compound.  

Also important to look into the licensing and insurance requirements to pull permits.

From tenant selection to maintenance, property managers play a critical role in ensuring that investments yield returns.

you can try, but they are under no obligation to participate.If their lease is month-to-month or expiring soon, then you could require them to apply just like any new renter.

I know of a condo facility here in Savannah that requires all tenants to be approved by the HOA board before being given a lease.

The legal requirements considering the fact that the project is overseas and the Sponsor can be either US citizen  or  foreigner 3.

@Matthew Porcaro How do you convert a 5 or 6 unit back down to 4 for the FHA requirements?

I would ask you property manager if they could explain the entire eviction process to you, and ask to shadow them to court and ask to see all the paperwork required to evict a tenant.  

The best thing you can do for yourself (and most brokerages may actually require this, I'm sure it varies by state), is to shadow another agent and put yourself in a position where you can learn as an assistant.  

Nice work if you can get it.4/5. yea some states require a registered agent and have a fee OKThe rest is crap.