Like many things I believe its all up to the individual person, and their perspective.

You could also choose to use some funds to get brokers/realtors to kick you leads.. who wouldn't love some extra bucks for passing along infoIf you're looking to sell properties I'd have to say facebook works wonders for targeting people in a specific geographic area and I've had some real success with it for my business.

I just spoke to city engineer they estimated 2880 per unit to install new individual water meter and also mentioned that they don’t do individual water meters for apartments itseems.

A PM will probably run $1-2k, plus an extra month of vacancy, plus their fill fee.  3-4 months rent per turn at one thousand per month.

I determined it was much easier if I did not have to raise the extra 6% in cash from investors just to put in my pocket as my commission.

They said to consider my request, they would need  extra 2 days and if they don't extend, I will be charged for those days as well else I could cancel same day and pay prorated rent for 9 days.

Yes you are paying an extra fee and tax but I’ve yet to see a property where it made a cash flowing property turn negative.

@Terrence Williams  As you mentioned, most of the specifics will come out during each individual deal, but I think you're generally asking the right questions for this kind of preliminary meeting. 

The renter put the 1099 under the name he makes the check out to (our serving agent who is an individual).

Things that successful investors also do.Construction and project management also present opportunities and experiences that would prove beneficial as a full-time investor.It really depends on the individual.