In this episode my guest Phil Bottfeld and I are talk about the different models used by management companies for out-of-town investors. The first way is the way http://www.memphisinvest.com sells you a property, rehabs it, and manages it for you. The second way companies work is how http://www.homeunion.com operates where they sell you a house and then management it for you. We compare and contrast these two methods and discuss the fees involved with each.