My main concern is when title transfers there is a chance the bank will call the old loan due.

Ask a Title Company: How can ownership be transferred by "Warranty Deed"?

I'm thinking about using Cozy for ACH bank transfers.

Charge the tenant a "water transfer fee" up front that covers the fee.

You might want to consider getting a helping hand. 

We plan on buying more uptown units in the near future so it would be great to have someone on hand!  

@Simon Lopez most policies can only go to $1M in Personal Injury, hence the need to buy an Umbrella policy.Check around for a lower cost Umbrella as there are options out there with premiums closer to $350-$400 for a handful of homes.

@Jeffrey Bland thanks for the details, sounds like you have a good opportunity on your hands. 

Suppose Larry finds tenants on his own, and then hands off management to a real estate agent or someone in the business of renting properties. 

I have heard our goal should be to pre-screen so well there is no need to hand out more than one application per vacancy...if we remember to bring it.