I've never understood the logic behind this theory.

Since it's a partnership, however, you may still want to run your operating agreement past your CPA to make sure that your disbursements are logical and that he can easily issue your   K-1s and maximize your tax advantages.

Everybody says management contract is between seller and manager, which is true, but not logical on why that would absolve the buyer. 

Don't label the deposit pet or anything else, it should all be one big deposit you can use on any damage/loss.My logic for the fee is that I prefer to have a pet free house.  

I agree with your logic, but not your conclusion.

Get multiple quotes, build relationships, get real about your numbers. lol right Jason, no magic here only logic and science.

Well done Gentlemen,I appreciate the logical, orderly way you said it should be planned.

It will give the basics of RE in a nice logical order. 

My logic behind that is i would be getting more income with more tenants(still exploring this thought, i do see some flaws as having an overcrowded property, tenants expecting the market value of the rent being split between all persons living in the property, is this legal?!?! 

Although it sounds logical that if someone is paying rent to someone else, they would pay to me.