In no way are they meant to be legal advice and to be honest should most likely just be ignored :)You most likely could do it that way and could easily be within the contract to do it, but it may cost you some reputation in the future (or your realtors reputation).Think if you had a house for 100K and got an offer for 98K that day and said "Sure works for me" sign away.

During the day, I am the lead Power & Controls Electrical Engineer at a Fortune 500 coffee manufacturing plant.  

The brand is Galaxy which is also manufactured by Frigidaire.  

Second-hire a reputable property management company that will protect you and your property.  

I wouldn't stake my reputation on any particular number at this point.

I've gotten education in the whole process and I've been doing a lot of self educating on sites like these too, and I have every intention on making my business respected and reputable.

I thought this person could handle it because his previous job was managing 40 people at a corporate manufacturing job. 

If you get a reputation for over-priced properties, low rehabs, and/or inflated ARVs, your properties will sit.  

Came from consulting different types of business and head up an accounting dept at a manufacturing company at the moment as my full time job.

Greetings, I've never purchased any real estate, I work full time in manufacturing , I'm interested in buying a few rentals as long term investments.