I understand underwriters add up all categories except Mortgage Interest, Taxes, Insurance, and Depreciation - everything else is counted as expenses for the property.  

I'm looking to self manage and also manage a few units of some one else's portfolio.

Do they tend to move out of the room and find something else when they return to school?

Once I use the knowledge in a real life experience I know it’ll be there in my head to call on when I need it, and if I’m unsure about something I hit up google, biggerpockets, and/or someone in my network to get what I, or anyone else on my team needs. 

If so, would someone in my position be able to track down the former owner and purchase the right from them as an assurance that the owner or anyone else can't redeem?

Could you re-invest the capital into something else?

I want accounting, maintenance tracking and anything else that helps me manage the flow of my business. 

More than anything else, those relationships will go a long way in helping you reach your goals and hit your expectations!  

Which currently does not have a renter due to Power company messing up the yard and sewage system.  

Does anyone else have any important points that I missed?