And that rather than trying to purchase one property a year I am probably better off investing one every 2-3 years and keeping a higher percentage of my net worth in the stock market.

what would u say is a good percentage cash flow amount??

His parents were the cosigners on the lease.I have never dealt with a collections agency, I am assuming that will charge a percentage fee of whatever is collected?

Lenders, is this truly an option and if so, what are down payment percentages and interest rates you're seeing?

Must be some sort of fee or percentage of credit raised.

Because a large percentage of the charges are base fees that do not change based on use!

Some have flat rates, some have percentages, eviction coverage, etc. 

The local HML can usually pull the trigger much faster than an outside person does because more research has to be completed to asses risk in lending for that area.This is why local HML lenders rates might be lower than a national HML lender that prices a few percentage point higher and one to two points more to price in the unknown factor of the area.

In the words of famed real estate mogul / investor Barbara Corcoran:"If rates go down just another percentage point, that's what I'm hoping for by year-end, prices are going to go through the roof...Everyone will come out and buy.

According to Core Logic (a reliable source), Ohio has the 4th lowest percentage of investor RE.