Quote from @Sarp Ka: Quote from @Patrick Roberts: Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

Im assuming you want to invest out of state, correct?

I think it lies in that a lot of service providers in the real estate space are incentivized(money wise) to promote thier business.Real Estate agents are a small business, the more clients they have, the more money they make.Property managers are a small business, the more clients they have, the more money they make.Lenders, correct me if im wrong, are tied to some sort of bonus structure, the more loans they generate, the more money they make.More promotion leads to more awareness which leads to more money

I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.

Do not rely on your subcontractors to know/perform the code correctly for your area.

Because when I ran the numbers myself it was a loss of closer to $14K, not $22K, so I want to make sure I am doing it correctly and conservatively. 

Mostly about things I do wrong, how I correct it, and the lesson I learn.

Even though it wasn't the answer you were looking for, it is the correct answer.

My maintenance is little to nothing as we do the reno correctly.

if they were that great you'd never see them because they'd all get bought up before they even came to you.I think what @Travis Biziorek is saying is correct - you need a strong network to be successful.