It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I have plenty of properties that I can lean on if I must but it is something that I definitely want to get added to my portfolio.

You are correct that it can be called but you are also usually given the option on either adding to the account or selecting what to sell.  

I’m a realtor and investor in Indianapolis, and I’d highly recommend adding Indy to your list of potential markets.

By adding our own real estate agency, we’ve opened up new income streams while making our business more versatile.

A follow up question I now have would be do you think its smarter to completely pay off the first property before buying a new property or to keep going out and buying new properties once i have enough saved up for the down payment along with extra fees?

Unless you are planning on investing in your back yard and have extra time to spend, getting a good PM is very important.  

Likewise, a property manager should be added to a landlord's policy.From my blog: What does it mean to add your property manager as an additional insured?

This will provide you experience, a story to tell, and the credibility needed for adding additional clients.I'm happy to discuss more.

From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.