Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

This is something my husband used to manage and he had worked with our bookkeeper to set up QB.

It's not, but you have a long way to go.At 23, you should be working as much as possible to set the financial foundation for yourself.

I knew I wanted to be in the SFR LTR space, so I set all of my exploration efforts on just those property types.

Quote from @Thomas McPherson: Watch for UBIT tax some income types can trigger it.I had a long conversation with an attorney that sets up SDIRAs.  

You are purchasing assuming market rents (set by the condition, amenities, location, etc. of the property) so agree that a seller would likely question a request for a lower price or their receiving less at closing. 

@Bill Schrimpf I work at BiggerPockets and would love to set-up a time to connect.

They set their expectations correctly.

The Small Business Administration (SBA) offers a comprehensive guide to writing a business plan, which includes templates and examples that can help you get startedFor your marketing plan, consider identifying your target market, setting clear marketing objectives, and outlining your strategies for reaching potential tenants or buyers. 

He said "Son I have been cookin eggs here for 20 years and well come tomorrow and the next day I will still be cookin eggs" As in nothing is going to change in his world.I fly home and get into Portland in the evening only to see all the portland weirdos and antifas and who knows what rioting breaking windows setting fires.