Most take 6-9 months to find the right asset to buy but occasionally some convert within 90 days.

This can be especially appealing for those who enjoy traveling or seeking occasional getaways.

(And - full disclosure - I will be using a mail forwarding address also and only occasionally actually hosting meetings at that location... it's like a 'WeWork' space, I generally work from home and my managers are on-site at the parks...)To everyone's continued success, and due diligence,-jl-

My husband's name is on everything and he occasionally gives advice, but for the most part I do the work.

Occasionally if they have other assets maybe she can keep the equity of the house and he gets to keep his full 401k or something like that.   

I occasionally get requests to manage commercial and love to have a referral source. 

You can get a 1 year look back occasionally so you do not always need a 2 year average. 

Read books and maybe take on the occasional 3 day seminar. 

Why spend 12% for someone to manage a property in good shape where you just collect rent and respond to an occasional need?

If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.