Hi @Matthew Patton, we mange many properties and many of those are exactly what you are describing. 

My tenants of 3+ br stay 4+ years on average, but if it is .e.g 4 units of mixed of 1br and 2br multi-family, you mange 4 families instead of 1, and turnover rate of each unit is less than 1 year according to my observations on my neighbor.

I will do all the planning, all the work, mange the project a 100 percent.

Management fees should depend on the property type.Class A is easier to manage, so gets the best rateClass B is a bit harder to mange, so gets slightly higher rateClass C can be a pain to mange, so gets higher rateClass D usually requires the attention of a DIY landlord to succeed.

Other homes would be expected to be in the $70,000 - $100,000 range for these same components with the balance of the mortgage held by a bank.Below are actual revenue, expense, and NOI numbers for this home which we would use as a model for further acquisitions.Property Management is high, it costs a bit to manage the placement of multiple tenants, handling of disputes, and collection of rents as well as mange the cleaners, landscapers, and handymen.The 2.5% for maintenance, and 5% for capital expenses would be variable but should not be much higher than 5%.

I own or mange for my kids 14 units in and about the Austin metro.  

I choose to self mange this property since it is at a higher rent rate and new construction.Deal finding: Upside opportunity to increase rent over time.

I choose to self mange this property since it is at a higher rent rate and new construction.Deal finding: Upside opportunity to increase rent over time.

There are also systems specific to investors and investor management for raising capital but they are not inexpensive.For all of my companies I have always used Microsoft office to mange contacts, calendar email, etc.

I micro manged  her  she struggled trying to open a day care lived like a slob too .