The lower barrier to entry would be excellent for my personally smaller net worth.

PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

Keep your automobiles safe..

I would personally use some of that equity and get started with your first property.

You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

That could be a PM or you can hire a person to work full time for you. 

I personally try to avoid extroverts because they are often incompetent and irritating.There's a difference between being an extrovert and being charismatic.

I'm assuming that Jerry Norton keep changing the name of his system.

Also interested in networking to learn more about my personal interest in STR's primarily in the Tampa, Bradenton, and Sarasota markets along with other southeast coastal and mountain markets.