It's not shark tank, but we do open the floor to wholesale deals anytime somebody has one.

What percentage should go towards my personal mortgage, toys, travel, etc..Further, I wouldn't want to develop spending habits that had me on razor thin margins, so what should my OVERALL spending percentage be relative to my cashflow?

I was in similar situation a couple of times this year and what I did was to ask for 2 or 3 hour window from the tenants and got them agreed; then arranged the showings in that time slot and was able to rent it out with just showing once (rent slightly below market). 

@Allen L.Deep Water - Big Sharks@Brett Peters is right.

You can also search for “sold” listings to determine your own comps.Trulia.com – Like Zillow, Trulia allows you to search “sold listings” to gather comps.Redfin – An online brokerage with online property valuation tool.Realtor.com – Realtor.com is now allowing you to search for your home’s worth by showing what houses sold for in your area.Property Shark – Property Shark provides public data on a property, recent sales, sale history, and comparables.

The number of sharks in the water right now is way higher than it's ever been.And then there was a complete lack of house building during the depression in the last few years, as the economy gets back on it's feet (slowly).

I'm from Bear, Delaware and i have been placing offer after offer on a plethora of properties within the area with conventional loan pre-approval and 20% down.Let me tell you all this.There are sharks out there who are throwing hard cash on the table and and purchasing properties regardless of their condition.

And as a result, not only wasting an agent's time in showing, but eating up a time slot that a qualifying person could have occupied. 

If you buy non homestead you usually get it for about 10% of the assessed value unless the property is in huge demand and other sharks jump in and then bid it up to whatever they are willing to pay. 

ITs not to churn a fee..Most Turn key companies start in PM out of necessity and until you get to about 1000 units or more there is little to no money in it.. simply a job.. with razor thin margins.. but if you can bust that 1000 door mark and get to 2 to 3 k you now can be the target of a big PM company that might pay you a 1000 a door to buy your book. since you did all the heavy lifting to get that PM company to that level..