So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

It's not just shorter-term downturns to be aware of, real estate just like the stock market can experience 10 year periods of no growth. https://fred.stlouisfed.org/series/csushpinsa

Between the two properties you're cash flowing $60/mo more than you were with just your first property originally.

I'm originally from Tyler, so I'm familiar with the area and market, and I have some subcontractors in that region who might be able to help you and I am happy to make those intro's if still needed. 

HUD.GOV is originating source for FHA loan info.

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

Paid 77% of the original list price on this new construction home.

My interpretation of the original post is that the sellers agent is asking for $3,000 as a flat fee. 

Originally posted by @Tanweer K.

A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.