They were equity holders with capped returns.) that was early in the thread I was under the impression that the equity was going to be vested in their brokerage business which is one of the top turnkey marketers in the country.

You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

I am very impressed with the data that they provide though.  

And even there, ready options exist where persons "could" do it all for pennies on the dollar of this prevailing fee structure and still that vast majority select the prevailing structure of things. 

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

- I would select a market that allows you to purchase a cheap (under $150,000) single-family in a C+ or better market.

Eagle Rock Resort specialist real estate agent with Century 21 Select Group in Hazleton PA, property owner also in Eagle Rock.

HI Jarreau,I was wondering if you would share the PA you selected.

I'd build a quad, and there is a laundry list of ways one can select to be amply rewarded for such. 

Hi Ryan, like @Nathan Gesner mentioned, it's important to be selective when choosing people to partner with.