I am a financial trader by hobby...but I am looking for some diversity - and real estate has become one of my main interest to leverage the cash flow.I am about to attend the HGTV couple SuccessPath conference...and read from one of the blogs reviews that he had wished he did this first to further his education.  

I don’t want to come across greedy, but I am already about 100$ under market rent, so I am not sure I want to extend 2 years at the same price when I have a large pool of qualified tenants to choose from.

Not for the "retail" trader for sure.  

Greed is a human component to all of us, we needs cops to keep us honest!

Greedy investors don't do as well as they should.

I am not trying to be greedy by any means as I am very grateful to get my hands dirty on this first deal no matter what the split would be, but Im still seeking value as any other person would.

There is another group I know of property traders that meet up to talk shop.  

I don't think Bryan meant to say 5% vacancy is the target to shoot for, you want 100% occupied, but that no more than 5% vacancy over time would be very acceptable, since you will have down time for all units.I don't see that a neighboring property managed by a PM is a bad thing, depends on the PM and the property, just look around as to the rental environment for the subject property.A well diversified economy in the area is best since one large company towns can kill you if they shut down.I have always preferred to stay a shade under market, not getting greedy, in the long run, it keeps units rented...so long as it doesn't eat any hay.

Treat it like a hobby, you will spend your valuable time and money like hobby.As far as coaching, I had many coaching experience with day traders.

As a stock trader I have learned NOT to chase a stock.