FCRA is Fair Credit Reporting Act and meant to ensure you don't discriminate based on the basis of race, color, religion, national origin, sex, marital status, age, or public assistance.  

Some of the suburbs of Chicago are particularly high for SFR, while just across the border in NW Indiana taxes are much lower and the environment much friendlier for landlords.  

You might look into commercial real estate syndications, but to be fair most of them DO use professional property management.

Therein lies the debate I suppose are 1% rule properties in CA "almost non-existent" or "fairly easy to find in a number of markets"?  

Taking it off the back-end sounds more than fair.  

Fairly standard in the industry, we do it as well.

Being a fair distance form the assets you seek to acquire this can be a challenge with many hidden surprises.

If you have a property manager you would be able to rent a mobile home fairly easy! 

7 Stunning Qualities That Make Memphis One of a Kind....It is no secret that the owner of a company called Memphis Invest would love the city, but Memphis also bears the brunt of its fair share of knocks.  

4th Question) General question about partnerships - What have you found is a fair division of equity/profits/losses?