PM's are going to get paid one way or another- many of them do that through charging lots of fees and marking up maintenance and repairs.

I downloaded all the top app store real estate apps and was impressed by an app, that displays data on land plots by marking them on a map.

Quote from @Mark Hayes: How long should it take to find a tenant?

There are a few types of people who will buy your end of line flips….1) Those that will only buy truly safe … battle born… “equity the day I buy”.. opportunities And/or2) those that were trained to see real estate investing as a much more risky “ investment”… in other words  “ a buy that “SHOULD” have value after appreciation”With Buyer group #1… if you provide truly investor grade deals that haven’t been stripped of most of the equity before you try to flip, you will build a following of investor grade buyers that WILL pay cash and CAN close “ as soon as the title search is done”… This will net smaller nets for you initially , but you will own a REAL Buyers list… that WILL have the experience… to REALLY CLOSE ASAP.And that will make your machine run MUCH more smoothly.Or2) you can initially max out your net on a few deals as you scape out most of the equity for yourself… but you will only be working with non experienced buyers.. who will buy ….one… realize that they are in WAY too deep… have no B plan.. and they will be FAR less likely to buy again… AND they may never even make it to your first closing .So.. your choice… cultivate a crop of GREAT slam dunk , low work load real buyer investors…. where all you need to do is find the property , mark it up a LITTLE ..and we do all of the rest of the work…Or sew a crop of weeds…I do spend a little bit of my time asking wholesalers to take me off of their lists.I would love to buy from you.I don’t want to spend my time doing the initial marketing.I am willing to pay for your valueBut I don’t buy properties that don’t have TWO exit strategies1) enough equity AT CLOSING so that, at the very least I could sell it TODAY without taking a loss…..AND2) after my expertise …. 

They marked X optional for EM.

Quote from @Mark Vesu: All, I have a duplex and thinking of converting it into two condos.  

Thanks @Mark Munson,Great advice.

Usually around the 25 property mark is when you start needing scalability with MANAGING properties. 

And before anyone brings up volatility, the only reason syndications are not as volatile as public REITs is because syndicators never perform mark-to-market NAV, net of fees and carry, on any interval, let alone minute by minute.  

Quote from @Mark Cruse: Quote from @Matthew Paul: Quote from @Mark Cruse: This place has gotten so ugly.