Then they save the 20-25% that the other property managers charge, which enables them to make a profit.Keith

Hi Greg,Any Podio app can have a webform enabled for it. 

Take Temple University for example....pulled this from their website "This innovative program enables students to pursue careers in real estate investment and financial analysis, mortgage lending, real estate appraisal and valuation, corporate real estate analysis, property, and management, as well as traditional residential and commercial brokerage and marketing.

That seems outrageous and I don't know if their "cloud enabled features" justify that mark up.+1 on Excel. 

Sounds like you've tried to educate yourself, but prior experience with a smaller property might be prudent and enable you to develop the systems you'll need for a larger property.

I'd consider other properties around for rent...do they have CA...a) if they do that is what you will be competing against b) if CA is not the norm for your area this may enable you to get a few more dollars in rent  c) Also, if CA is the norm not having it may cause a lot of churn in tenantsI'm not really sure if CA will account for itself via appraisal but you should consider if it can help reduce churn + window units will for sure cost you or the tenant more electricity again causing churn.b

I feel like that's a pretty decent return for my very first property that will enable me to start learning more about the rest of the business.

Short-term profits help you keep your business running to enable long-term wealth.

It was a "back-scratch" deal at the time that enabled them both to get something they "needed" before the holidays and under the pressure of the closing date for him.  

Will the sizable equity from Property 1 enable me to get a commercial loan?