- Unlikely $60/hour3) Even with all payroll taxes, insurance, etc., they are making a profit margin on that hourly charge.Another way PMCs usually make a markup on maintenance, is that they send you all invoices on their letterhead, or from a maintenance company they actually own.

Welcome to the community and be ready for a huge amount of information at your finger tips.

Assuming property taxes + insurance added don't go above $1,100 total, you could maybe make this work. 

Any tips are welcome!

Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.

Almost every REMIC is in violation of it's tax status.

Keep in mind taxes go up as do rents.

This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income. 

Have you passed the tax assessment yet, or is this your first year of owning it?

For several reasons (property taxes, politics), I would prefer to begin real estate investing somewhere other than locally.