I love the world of finance and investing, have always had good returns percentage wise, but nothing life changing as I have never had the free capitol to go deep into any investment.

Is it just based on property appreciation alone and the hopes of mortgage percentages eventually lowering and slowly increasing rents?

The contact told me we should separate the 1099 income from s corp entity, that would already save us money.we should also give a percentage of our s corp as shares to our two daughters, that would also save us taxes.I also want to get into real estate investment to build passive income.  

In relation to the current FMV of the property, what is the percentage?

This is what the numbers work out to be on a large percentage of houses in the market right now.  

Established PM's don't like to go into D areas: it's a lot more work and emotionally harder on their staff for the same percentage - but of a lower rent. 

Get that interest income plus have them tie your deposit up and have them knock a percentage point off your loan.  

take a higher percentage downpayment make sure they are liquid, sign a longer term lease, give yourself out clauses, ask about ada accessibility or requirements for occupancy from the VA 

You can plug in your own numbers, the example just shows percentages.

Also, there are PM companies that charge a flat fee vs percentage.