But not having someone there with the properties interests in mind to verify the work being done is quality would personally make me uneasy.I would definitely look at a local PM for the long term and then after the first year and hopefully the first round of renewals you can make a more educated decision as to whether or not to keep them around.No matter what you decide to do, congratulations on the investment! 

However, I later found out that he lives internationally.His first draft was missing many important terms, such as those regarding lead-based paint, Megan's Law, etc.I questioned his qualifications for this job, and he assured me of his capabilities.I'm attaching his final version here. lease agreementI removed personal information in the contract. 

After quitting I would want to be doing real estate deals more full time and do something more enjoyable to supplement my real estate income (maybe teaching or personal training- tbd).I’ve thought of buying 1-3 more properties within the next few years and then using the income from all my properties and job to hammer down the mortgages.

I enjoy contributing on this site and don't use it for personal promotion.  

That leaves you with personal loans and builder financing. 

This is easier than you think.Not commonly done for 1-4 unit residential, but very common for commercial.If you need a 35% capital injection, you find the human person with that capital.

Personally, I don’t see how they can continue ongoing billing or anything after we cancel.

All 61 units have my personal cell phone number. 

I think in the near future you will see more open dialogue about compensation and how you get yourself paid for your skills and time.

Personally no.