I have no idea what this entails in Utah.  

I definitely advise self-managing in the beginning so you know what it entails before giving 10% of your rent to someone who will never care about your property as you will. 

I would rather do it on my own and save the expenses that an attorney would entail.

After seeing some frauds and cons making assertions that they are licensees, when in fact they are not, this further bolsters my disdain for many of these operators.

Regarding property B, I ask for some follow-up to determine what the repairs would entail because USREEB maintained that there was not any damage.A week later, I get a termination notice regarding property C because the underwriter suspects that there may be asbestos in the siding and Shelter will not insure homes with any asbestos.

Youre only going to make it wholesaling if you can source properties at a steep discount, and that entails creating a marketing machine.  

I would assert that if you are in a position to reduce your monthly home spend, and buy a property as well to get tax benefits and potential long term equity, any cash that you can save is a positive.  

That being said, I have heard assertions that property managers generally take 10% off of the rent, though I haven't actually talked to any in person to confirm this.

. § 7-101(c) defines a collection agency as follows:"Collection agency" means a person who engages directly or indirectly in the business of:(1)(i) collecting for, or soliciting from another, a consumer claim; or(ii) collecting a consumer claim the person owns, if the claim was in default when the person acquired it;(2) collecting a consumer claim the person owns, using a name or other artifice that indicates that another party is attempting to collect the consumer claim;(3) giving, selling, attempting to give or sell to another, or using, for collection of a consumer claim, a series or system of forms or letters that indicates directly or indirectly that a person other than the owner is asserting the consumer claim; or(4) employing the services of an individual or business to solicit or sell a collection system to be used for collection of a consumer claim.CONCLUSIONA debt purchaser that attempts to collect a consumer debt by bringing a foreclosure action is required to have a license unless some statutory exemption applies.Why would an investor hire a mortgage broker to act as a collection agency?

No one gets screwed because they know what it entails.