@Joshua D.Need a brokers license to manage others property unless you have ownership interest in PA.

The phrase “absentee owners” is reserved for those that covet a more hands off ownership strategy.It is worth noting, however, that, not every homeowner has the luxury of removing themselves from a house without it representing some sort of burden.

So it is not like most fractional ownerships where you doint get the Investment part of it.What do you Guys think?

Would that be a prohibited transaction as it would change the percentage of ownership?

The leases run with the land - just like a selling owner can't force out a tenant, a tenant can't end their lease agreement due to a change in ownership.

It is determined by all parties on the Deed or some other legal form executed by that places ownership with that property involved. 

We honestly were questioning our sanity for a very long time, since we couldn't find anybody to rent it for the first few months of ownership, but when summer time came, we had a flood of potential renters.

I would never step into the quagmire of restricting or encouraging gun ownership or possession of a legal firearm in a rental. 

If the bank still complains you have the paperwork that shows that ownership has not "changed name," but that you are only rolling it into your estate planning structure.There are some additional benefits to using a Land Trust, but this is the one most applicable to the situation you are facing.

Examples include: Transfer affidavits, Preliminary Change of Ownership Reports, Transfer Tax affidavits, etc.Many people hire an attorney to do this for them.