What’re your thoughts on going against the grain?

However, once you can fill all your time up with money-making activities, it usually makes sense to have someone else help on the accounting side.If your situation won't require ongoing support- it may be helpful to contact a CPA/accountant on here that can help with QuickBooks setup and training.

The landlord business definitely requires ongoing management and oversight.

All of this work has to be done at some point and usually leads to ongoing assessments that could cripple cash flow.

The trick is that a lot of them (like the Weichert office I initially went to work for when I got licensed) tell a great story about "continuous, ongoing training", but fail to deliver.Best bet in my opinion is to talk with another agent who got great start-up help and sign on there.

You have immediate capex ( deferred maintenance) and ongoing capex.Just remember most sellers are positioning the property as a (perfection property) meaning they say no deferred maintenance, expenses are low, NOI is HIGH.

ongoing legal and accounting? 

As a certified residential real estate appraiser here in Florida I can state with certainty one of two things:1) Most FSBO transactions I appraise are grossly under-priced to the point that the cost of a qualified real estate agent would have netted the seller a larger sum.2) Those that aren't under-priced are often overpriced and do not appraise.That said... if you plan on going the FSBO route, I STRONGLY recommend having a full appraisal done prior to listing.

From what I can tell, their biggest concern will probably be “how are you going to service the debt, i.e. make the ongoing payments on a monthly basis?

As well I plan on going to San Antonio's next RENC meet up.