Me taking care of vacating the unit was my primary advantage among the other offers.

The best advice I could give is to go to the REIA where you're looking to invest and ask around among the successful investors for which property management companies they use.

Three key skills (among the many) will help anyone get started...As a rehabber or fix-and-flipper, building a buyers list is probably the first task to tackle.

@Jesal Shah the problem is that you're starting with a rent/price ratio of less than 1% and then you're dealing with the fact that TX is among the top 3 highest in the nation for taxes and insurance.

At least when I've made and used them, they were never intended to be seen as alternatives to or competitors with the big guys; they were merely a tool to help my listings stand out among the huge sea of properties these giants have us all swimming in.

It puts in writing the agreement among the partners. 

Putting in a 10 CAP offer on a market where the comps are at 8 CAP will be a waste of everyone's time and give you a bad name among the commercial RE brokers in the community.

That said, if a seller I am representing is in a multiple offer scenario and among the other offers, many of which are actual all cash offers, sits a solid offer that for some reason is better for my seller and is a well documented hard money financed offer, I wouldn't have a problem recommending the offer to my seller over other ALL CASH offers.

Among the other reasons you stated, I think sharing appliances serves to blur that line a bit more.

TX property taxes and insurance rates are among the highest in the nation which is a cash cow killer.