I would never form an entity with them when I can do it online with a firm that charges a fraction of what they charge).

The best way to get experience is to do the thing.

I own property and do interior design for rental and investment properties so I stay up to date from my clients and local events I attend through RE associations and meetups which I recommend.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

Then reality hits and you find yourself in over your head.

Do it again two years later and you'll be in the top 10% of Americans.

It is purely clickbait.Find yourself a market that you are interested in, learn as much as you can about that market, and find your deal. 

Its honestly going to come down to the numbers and what your end goal is?

What should it cost?

It's that simple.Doesn't hurt to have real hardwood floors and A/C as well.