If an occupant doesn't pay and violates a leaseholder occupant agreement.

Can I pay the contractor I found myself and just let them know the work is being done or is it best to run everything through the manager?

@Sean O'Keefe how "timely".Sending owners an Annual Owners Statement with line items that correspond to Schedule E is not difficult.

remember: if the net amount that goes to your mortgage after you collect rent is equal to or less than what you'd pay renting - you're ahead. 

Now there are some sellers that have great income and credit they just need to get out of town as in yesterday and Sub2 might work if the Sub2 buyer is credible and will not mess over the sellers credit… As in the Investor needs to make the payments on the underlined note regardless of whether their renter pays them or not.Back to your original question.

I'm more interested in this approach vs REITs/ syndicates, because I reckon with the right partnership, I stand to make far more by not paying such high fees on those traditionally passive options.

It likely will not go well because you are way too late on this.If you were a tenant paying rent would you want to just get a letter from the new owner telling you to get out with no prior conversation or warning?

You don't want to be cash poor from paying to get into the property.

Up to this point, I have been paying for the mortgage out of my personal account, but moving forward, will pay from my LLC's business account.

The problem with a refi appraisal is there is no purchase price the appraiser can target, so they will always be more conservative and aim low.Bottom line: I would absolutely invest in a mini-split systems.