Tax benefits is just a by-product.

The insurance company has a product for everyone.  

Good to Great - Great business bookThe one thing - also by Gary Keller, The best business and productivity book. 

Management fee's range from 5 - 10% of gross rents, so if you are putting together a model I would go on the higher end.Depending on the size of the shopping center, it could be a few hundred a month or a couple thousand. 

@Dan Barli Class is as expected, erring on the side of caution is the curriculum, but not very productive for investing in rentals.

I think this really impacts product with deficiencies, where last year at this time they were being sold for near top dollar, they are now not even getting the time of day.

I'm still a little concerned about the range of rent prices I'm seeing.

At the meetup there was a speaker who was talking about his success to financial independent and when he went through his list of rentals he bought over the years it left me with a lot of questions. 1: Most of his rentals he bought in B+ to A area's in the 300-450k range in Florida.2: His numbers just didnt make sense, one deal he posted it showed literally like a +$5/month cashflow only....So afterwards i started to talk to him more and he mentioned that he is not the type that invest in cashflow, he is a equity investor... intrigued me so i asked more questions and basically he went on to explain to me that he buys properties that need a little bit of work, but have built in equity in the deal, but he has 4 main rules he goes by... 1: If the Roof is greater than 10 years, he always puts a reduction in his offer for a replacement roof.2: If the A/C is older than 5 years, he always puts a reduction in his offer for a replacement a/c.3: If the house is older than 30yrs old, he always puts 10-15k reduction in his offer for a water line replacement.4: He refuses to buy houses with pools....Anyways after a bit of talking he explained to me that he buys larger 300-450k houses, because most investors are educated to not buy them, so there is a lot of room to wiggle on the deals due to lack of competition on offers and most people in that price range are easily able to be purchased with a few % out of the deal to skip agent commisions..Example he gave me, he recently bought a 455k deal for 405k, but the ARV 535k, because he talked them down in needing a new roof, and a/c and offered to pay cash instead of going through an agent if he would drop 4% off the price for that... 

They range from 1300-1900 sq feet and avg purchase price is about $110k with conventional financing in place. 

@Steve Vaughan very impressive, theres nothing like seeing a finished product on a wood floor.