Yes they look cute on TV but reality sucks.One thing you could consider is leaving the deck out of the picture.

I only buy what I need (no TV, new phone every 7-8 years, new car every 200k miles, etc.), but I do travel few times a year.

We don’t know anyone in the area, but you might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesAdditionally, don't treat property management like a commodity and just focus on the lowest price!

You would also include TV, internet, landscaping, or other expenses.Yes, you would collect the entire month up front.

If you watch the Flipper shows on TV, like Flipping Freakin Vegas reruns, it looks like a few weeks and they never tell you the Net after Taxes etc.

The way you get their is by riding a series of properties...much like buses. 

Does anyone have a solid recommendation for a real estate lawyer in Tulsa, OK who not only has set up Series LLC but also know tax law or at least has experience with it?  

We form anonymous series LLC's in Texas then register that LLC all over the country but we don't use a WY LLC or other anonymous state. 

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

@Mike Cordova I also recommend doing a series of single deals first.