The 1st job Id expect 2 guys to finish it in one day, so 16-18 man hours...so I wouldnt say their time billing is drastically high, but a a moderate amount.

Let's break down a realistic timeline for building your REI business without burning out or risking your day job.  

No matter whether you are looking at commercial or residential property, the deals that “pencil out” at OFFERING price are few and far between these days.  

With the market where it's at right now, margins getting squeezed further than that these days.

The Manager reserves the right to terminate this contract with thirty (30)days written notice.2.

I don't think any insurance carriers will give you a new policy these days if there is active K&T. 

My method has always been to call every listing that hit 90 days on market in areas that I want to buy.

I would still prefer residential these days though. 

The only thing is, he mentioned that I will have to file an extension because, understandably so, he does not have the time to complete my small business returns by 3/15 (8 days from today).

In those days it was possible to locate and tie up a “killer” deal, and close the transaction with absolutely zero of the investors own money.