When I was a contractor, I would often times bid on a dozen jobs before getting one and I never charged a dime.

Think twice about every little nickel and dime.

For a startup, consider getting agent, then broker status for your self to reduce employee costs.Marketing a PM as "We care as much as you do" should go a L O N G way for you.May I suggest, clients HATE nickle & dime fees that strip their profits unknowingly. 

Yes I own properties doing 20% cap rates in texas in the $50k range, but they haven't appreciated a dime in the last few years, but yes they spin off cash flow.There are many ways to look at investments, but total return is the most important metric to me and I could in theory walk away today with a 100% cash on cash return in 16 months of condo ownership so thats not negative in anyway for me.

The last thing I would want is to freeze myself from growing by 'retiring' and needing every dime of cashflow to pay for my life expenses.

You guys are forgetting that while this tactic is great for him, it doesn't cost him a dime, it costs me 8K a month....

This has been done while giving every dime of PM income to these individuals while in training.  

Don't loan a dime until you understand the law and loan process in your state.We only loan our own money and do not take on investors or pool funds from outside sources.

I don't really know what defines a good market except for (in rank order of importance)1) Population growth2) Job Growth3) Rent/price or price/rent ratio4) Property management companies to choose from(Have to be able to switch those on a dime amiright?)

He saved every dime and he also received a few thousand dollars from social security that they owed from after his father passed away.As far as rent, about $625 a month.