While I am surprised at that, I also think it is the proper way to view real estate.I always go back to my first vacation rental purchase as an example:  In 2005, I bought a beautiful, 2-acre creek-side cabin in Cosby (near Gatlinburg) for $240,000. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

These relationships, if cultivated properly, will allow your borrowing to outpace your balance sheet.

Ultimately I think a lot of us are in real estate because we have found a way to make real estate fit our lifestyle and goals for the long term.

The range for full service is 15-25%.Also as mentioned above you ought to be licensed and properly insured if you are to be a property manager. 

Based on this disclosure and the constraints they put up for showings, inspections and contracts, it is not possible to do proper due dil, which is why I chose to never work with them in the Denver Market.In the immortal words of Ronald Reagan, "... trust but verify"!

I'm only here for the next 1 to 1 1/2 years; until we move on to our next investment asset and life style. 

Thanks to the eduction we've received at BP, my husband and I have made massive changes to our lifestyle recently, and begun moving our six figure savings from places it was doing us no good, and into smart real estate investments.

File in the BK court pro per if you must.

One thing a lot of people get mixed up with is capital investment and equity.. if you don't explain this properly the investor may think you are scamming him.