Tenant placement is a one time service and is often far more affordable than ongoing management, while still protecting you on the front end.As for compliance, this typically includes:Proper advertising and screening in accordance with Fair Housing lawsConsistent, documented tenant selection criteriaLegally compliant lease agreements and required disclosuresUnderstanding local and state landlord-tenant laws (security deposits, habitability standards, notice requirements, etc.)Correct handling of application fees, background checks and denialsGetting the placement and compliance right from the start significantly reduces risk, stress, and costly mistakes later.

I’ve been following the forums for a while and wanted to officially introduce myself.My background is in tax strategy and engineering, specifically focused on Cost Segregation.I noticed a huge gap in the market where most "big firms" won't touch deals under $5M (or they charge fees that don't make sense for the deal).

Next step"If you could sell today, what would you like to get for your property, considering no closing cost, no realtor fees, and as-is condition? 

There is normally a very small annual fee to keep the line and it is normally a 10 year draw structure with 20 year pay back. 

Your cleaner should take care of it and if it takes extra time then you can decide whether to pay an extra fee.

Management fees are deductible either way.

Look for a 1 year loan that has no early payoff fee.

I actually like small fee HOA neighborhoods because they tend to keep property values higher.  

New Jersey does not say you can not collect an additional fee for having pets.

Where do entitlement, zoning, or utility constraints (water, impact fees, infrastructure) become deal killers vs. manageable?