AS for building 3 mil more homes that will cause price rises again in lumber and other items for the house not to mention man power  .. 

That being said, if you buy right in Lubbock, things lease up FAST and it is known for being much easier to assemble a portfolio of cash flowing properties here than in many other markets.If you are willing to wait for the right deal and purchase based on the numbers alone, you can still find deals that will work well for your strategy.

My question: In the original lease it states to make payments via check or money order to the Property management office.

The first are the investors who specialize in operating real estate that is leased to voucher recipients where they can benefit from operational efficiencies.

DC is also one of the most "renter friendly" places in the country, so really make sure you do your homework and consult an attorney when writing up your lease to make sure that your property and your lease is in compliance with rental law. 

These items are important so that you can budget accordingly and price the deal correctly.What size properties are you focusing on?

Is there a leasing office? 

The new boiler, all associated work, and extra items were around 7500 including permits and inspection.

So if there is an item that we really want to purchase then we will save up for that big purchase.

I truly appreciate your advice and have been focusing on building up my leasing and sales business as I work towards obtaining my PM license.