As I pull up I notice the grass was cut, must be a nice neighbor.  

If you do a few deals with him they cut you a better deal.

Many PM companies won't touch them, and the ones who do them well definitely aren't charging 6% in my experience. 2. 4% for Cap Ex isn't going to cut it.

What if decides to go after it on his own and cut me out completely?  

Well come to find out we need to cut back the concrete 3 feet from our property line to be up to code.

My Broker determines whether or not there will be an adjustment to the commission cut that he gets.

Patrick Anibaldi , depending on how much equity you have in your 1st home, you can do a cash out refi or HELOC and consider private lending as well.This will enable you to invest in local real estate with decent returns and not have to worry about managing the property or pay someone else to, which can cut into the profits.

If I could cut that overhead out this property would be a cash cow!.

I want to make investments I can repeat so this method doesn't seem to solve that issue, just cut it in half.

I assign default categorization by vendor, which handles about 90% of the details for about 90% of the transactions -- cutting out about 80% of the work.