Such as focusing on efficiency and getting units cleaned up as to decrease turn around time for vacancies.

On the other side of scale is time efficiency.

Big assumption..... all PM's and contractors are honest, trustworthy, do good work and are reliable and efficient.

The fourth question is what is the most efficient and cost effective way of obtaining the desired knowledge and experience and what is the way that has the least downside risk.  

It worked, I got a few deals that way after awhile, but there are more efficient ways to market if you have more capital to work with like PPC or hiring VAs for lead generation.I'd still advise that if you're just getting into business, I would start slowly in terms of marketing spend.

This ~35% expense to rent ratio is considered average efficiency so nothing unusual there. 

This deal highlighted our strategy of cost-effective renovations, quick execution, and efficient project management.

What are the things we should be looking at to facilitate efficient and safe collection of the revenue and depositing it into the bank?  

Assume no storm pond.Model 1:We use 50 foot at both ends for turnaround.25 foot driveways.Side Setbacks use 25 foot.Pick a rectangle since that is the most efficient shape.  

Better yet learn to make your money work really efficiently by mixing it with your entpreneurial talent such that you can self-insure.