A 5% of incoming rent for each category is a pretty standard amount to budget.

Truthfully it is really pretty easy if you put the right systems in place.

For many of us we are above board and tend to think we do the right thing but the number of vultures out there is pretty significant and its really those who this is about. 

Pricing is probably pretty similar, $650k to $1.2M is pretty similar to what we'd have for something like that.

Rent in this area is pretty good so I believe renting is the best option.

So seems to me pretty cheap way to get to meet people that are doing the deals and learn at the same time.Bp is nice and fine.. but its just the internet.. you can only learn so much here. at the end of the day real estate is belly to belly you got to go work and meet with who your going to entrust your investment funds with.. or if your going to try a new line of work..

The PMS around here are pretty terrible, I've worked with a lot of the larger ones in Cleveland and I think they just take on more properties than they can effectively handle and don't hire enough additional employees to make it work. 

I don't have a large place and my fees are pretty high so I generally get good guests.  

Doesn't cause trouble for you/neighbors/city/police.That's pretty much the sum of it.

Even if it was 8 hours a week that is pretty crazy.