I know it depends on how many messages you send daily, but I just want to get a general idea.

•ADR (Average Daily Rate) is around $150-$300 depending on the property and season.

A PMC has to deal with whatever property you buy on a DAILY basis - no other team member does.

I am not going to split hairs on whether an insurance policy is your asset or another’s asset but it is not the subject property.  

I have been combing through the MLS looking for deals daily, but im unsure of how I would even fix up a property as I dont know of any builders out here, nor do I have a crew to get the work done.

After she retired, she took over the daily operations.  

In summary I see deals close virtually daily that I believe only work well with a lot of patience (more patience than I have).  

Find a company that isn’t going to gouge you on pricing but they handle the logistics so you can focus on finding more deals.In the end, you will make more margin finding the next good deal rather than splitting hairs to save $50 on kitchen cabinets by shopping around for an hour at supply houses.

Use your $40,000 to buy your way in, learn from some grey-haired guy or gal while on the job, and make a profit. 

Myself I had my title company pull every NOD in the MSA which was 4 counties 2.5 mil people. create a spread sheet and they would up date it daily as new NOD's came in.they would give me address  lien position  tax information and lien judgment search.. having our title plants digitized and off shore allows for this data to be gotten in a few clicks.. then when I got my short list I would give them that list about 48 hours before the sale and they would do a date down for me on those..