I wanted to start tracking my daily hours in the business and wanted to understand HOW I need to do this so it gets approved come tax time. 

Good luck talking to the non-accountants about accounting.

I do know that unless a person knows what they’re looking for and how to close, it can take a lot of leads to get a deal to the finish line. 

How fast can you learn a new industry?

The challenge for a PMC is having the time to answer all your HUNDREDS of questions and handholding you as you learn, while still making money.

You are a renter and subletting that people rebranded to make oodles of dollars on.I would also be curious to see how profitable this is, especially as the economy continues to show more signs of major cracks

Any recommendations on how many rental properties per LLC?

I really want to do an apartment building but i want to build a track record first of smaller deals and just looking for a strategy to get into deals similar to a subto or wrap.whats an agency loan?

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

Hi Erik, welcome to the community!