It doesn't take long to learn how to spot a good deal.6.

I didn’t see your location in your profile or your post, but assume at least 17% state/federal taxes leaves you with $10k/yr. 

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.

Post questions to learn or create discussions.

You can learn something from everyone" is my motto. 

First pro is you learn how to be a landlord and to manage properties and this is the best way to get started into real estate investing.

There are some programs through local government systems where you may be able to receive a tax abatement or grant here in Michigan in an effort to help beautify a neighborhood.

Firstly, becoming a multifamily agent is a fantastic way to learn the business first hand while making some cash in the process.

Lessons Learned: I should have transitioned to larger commercial deals sooner.

Nobody watches your money like you do, you'll learn how to manage, so you can manage a manager later and you'll save precious early-years cash flow, which allows you to scale faster, especially in the first 5 years.