Nationstar and Ocwen are the biggest asset managers out there but definitely not the best.Contact the asset management company and find whoever supervises the assets that the REO agent was in charge of selling.

One sign says, "Children Must Have Adult Supervision".

But I have a handyman who will do 50% of the rehab (light cosmeticupdate), and so I'll need to supervise him closely.It seems like thebest person for this job is somebody with a keen eye on spotting issues withconstruction work and be willing to come to the house one or two times week.These are great criteria, I'll reach out to my agent and property manager forreferrals.

Once you start to hire your own employees you have to account for hiring, firing, sick time, training, payrolling, vacation, supervision, fringe benefits including healthcare and more, adding about 75 cents to every payroll dollar. 125 units maybe the minimum number of doors to have it make sense.

Since I’ll be a new licensee, I’ll have to work under the supervision of a managing broker and again this person would ideally be an active investor himself.

He would have to have experience in building and supervising ect. 

Is he training and supervising or are you basically on your own?

If you hire a PM, don't supervise their day to day work for you.

In lower income areas think as well you are lower quality pms more apt to steal from you if they don't quit.Additionally there are usually are usually 10% construction admin fees when the pm has to coordinate, supervise, and inspect any sort of maintenance or renovation work which leads to my next variable expense, maintenance. 

I manage and supervise most of our jobs which range from small handyman jobs to full scale remodels and additions.