@Benjamin Kanevsky If you have another source of income, it will be easier to slowly build a PM company from scratch.If you are looking to quit your day job to do PM and need sufficient income to pay the bills, it is probably easier to buy an existing company.I would definitely have some kind of corporate form for the business, and I would also recommend having an attractive website as a starting point.As you grow the company, you may consider an enterprise backend solution like Propertyware.

There are going to be some enterprising attorney's making a LOT of money (especially in Texas with its very strong homestead protections) making a lot of money off the Pace Morby/guru boom in a few years. 

Howard HerringtonInvestor/OwnerH&L Realty Enterprises, LLC.

Last thing your going to do is educate a newer person on how to go out and beat you to your deals.I suspect this is starting to happen in these other markets.Along with price points... lower the bar of entry to a given market the more folks can enter.And I think what most folks realize after time that as you state this is a mid level corporate or business enterprise if one is to make any serious money at it.. other than the occasional flip they stumble into.One of the reasons turn key is so dog gone hot in most markets is investors will generally learn that anyone can get into the rental game.. but most have a very difficult breaking into the flipping game unless they are well capitalized and knowledgable on all aspects of lead generation.

Putting grand titles on what is obviously a small enterprise is pretty silly, it's not going to impress those in business.

It was built in 1998 and is in good shape and located in the Enterprise area near Fort Rucker. 

@Arlen Chou, who put some time in discussing a potential partnership operating an Airbnb-type enterprise at one of his properties.

For Toilets - a good house brand is Pro Flow - Ferguson Enterprises sells them - they are probably one of the larger plumbing supply houses/chains in the US - they are primarily wholesale however have a retail side at their locations as well.My buddy is taking over his dads plumbing business (primarily new construction) and that is their standard builder grade toilet - they typically only work on high end houses and that's all they use with no problems unless someone wants an upgrade.  

A bit about myself - I have a background in finance and accounting, and used to be a professional investor, albeit buying entire companies as part of a large investment group, rather than homes as part of a one-man enterprise!

Now, as you start, run and grow your new business, how do you intend to structure it so that it becomes an efficiently operating, thriving enterprise?