He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services). 

One of the most important skills you didn't mention is networking, which you are obviously doing well at too.I'd recommend connecting 1:1 (zoom, coffee. lunch, etc.) with a couple from the BP Chicago community or better yet check out some of the local meetups: https://www.biggerpockets.com/forums/521-real-estate-events-...Make friends with the meetup hosts...they will often know whos who and can help you make the right connections.Regarding your license, I think it's a great idea if you have the time and are going at it with the right intentions. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Under the Fair Housing Amendments Act of 1988, ESA's are a subset of service animal for the purposes of residential real estate.

This is America ... anyone buying property should enlist the services of a licensed agent.

I represent a lot of buyers in Tampa, and some hire me for full service PM, limited service PM, and some self manage. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

I did pay these contractors over $600 for their services and all of this work was for the rental unit, not my personal/living unit.

They are one of the largest outlets in Boston and tabulate all their service calls into usable data which they then blog about.I rely on them for any and all appliance data.

., Event Venues): Purchasing a property like a ranch for hosting events is possible