I like to look at each component of the process on an itemized level first so that when I do work with a developer I can have my own reference for all the bundled costs associated with the build proposal. 

Many PM companies will not do so at all as it requires a high level of internal coordination and sometimes the tenant just makes your life a nightmare. 

That is an individual answer specific to each one's situation and risk tolerance level. 

(please give advice that is not beginner level, as I have been researching MTRs for months and already know the basics) 

Websites like Zillow, Redfin, and Realtor.com offer great insights into home prices, trends, and inventory levels.

If in the year 2000 you invested $200k in Cleveland and $200k in San Diego both with same level of leverage.  

Some land flippers will buy unwanted and neglected parcels of raw land for a bargain and then improve them by clearing the land or even leveling it before selling it on.Most land flippers are making money by actively seeking and marketing their land flip projects.

He should be paying into workman's comp and be the experts in evaluating the level of risk.Do you have an umbrella policy in addition to the property’s policy?   

I don’t see anything wrong with paying points if you like the rate, getting it to a level you like is just personal preference.You’re either going to pay it on the front, or the backend. 

This has brought me the new level of real estate that I've always wanted.