If oven, washer, dryer go out, I would pay them some money for during the week for food to eat out or laundromat, and then fix on the weekend.As you said you're in the learning phase.

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.

For those of us starting out, and looking at lower end real estate, saving for expenses will eat up a good portion of that monthly cash flow until we get a nest egg to hold, or until you (I'm in the same boat) get into more expensive/valuable properties.

Again, all I have to do is download my bill into a folder, and the rest is taken care of.I'm not a fan of paying utility bills because they eat into your cash flow, and the tenant may not be as "resourceful" with their usage if they aren't getting hit by it.

Do not get it.If you really want to Learn Lease Options, search up REI Conscious on youtube.

It will come, but you will likely have to drive for shopping, eating, activities.   

The HOA fees from condos will likely eat up most of your potential for cash flow.

I give them a gift card to go out to eat sent in a Christmas card.

Cannot eat the cake and have it, too.4.

I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized.