I went to the APP store to download the BP app, but when I type in Bigger Pockets Apple can't find anything that is related.

If the Management Company puts in a bad apple tenant, then they will share some of, or all of, the expense of removing that tenant and getting a new tenant in the property (depending on the terms of your management agreement which should also be reviewed by your Attorney). 

Large firms (goog, Apple, FB, etc.) will still be hiring. 

you are always going to find the bad apples.

What I am saying, though, is make sure you are really comparing apples to apples when you count all that money you think you are saving.I liked some of Gary's analogy.

If you want to compare apples to apples you'd have to use IRR for REI.

It's very easy to end up underwater if you buy in one neighborhood thinking the prices are going to be apples to apples next to another neighborhood.

It’s not to bad, I live off of 40 and Appling Just a few minutes away.

For the markets I determine are "green light" markets, I will then start a dual parallel-track process of checking investment opportunities to see if the numbers work (generally speaking) and contacting and interviewing property managers to get their take on the market and begin building out a potential team of local "foot soldiers".The mind dump of metrics I came up with for my analysis so far are (in no particular order):Recent Population growth (2010-2013)Median gross monthly rent (2013)Median gross monthly rent 3-year change (2010-2013)Vacancy rate (2013)3-Year change in vacancy rate (through 2013)Rent as % of income (i.e. median monthly gross rent as a fraction of median household income)3-Year change of rent as % of income% of households that are renters3-Year change in % of households that are rentersMedian price for all SFHs (December 2014)3-Year change in median price for all SFHs (through December 2014)Median price for all 3BR units (December 2014)3-Year change in median price for all 3BR units (through December 2014)Median price for all 2BR units (December 2014)3-Year change in median price for all 2BR units (through December 2014)Median gross annual rent (i.e. monthly gross rent * 12) / Median price for all homes - I know I am kinda mixing apples and oranges here, but it's the closest I can get using available objective dataUnemployment rate3-Year change in unemployment rateGDP growth (time period depends on data available)Job growth (time period depends on data available)Household income growth (time period depends on data available)Proximity to major international airport (i.e. how easy will it be for me to get there?)

If the seller\lender is assisted by an MLO engaged by the lender as a vendor or to assist in the loan in its underwriting, and alone does not seek these limited exemptions from the safe act but instead treats a transaction is a full-blown activity in the lender will either itself or through the brokerage of the MLO generate a loan in full compliance with RESPA, TILA, Cueva, Apple, HUD and jump through all the conventional private money financing and lending hurdles, the long-term amortization above does not apply, and the seller's\lender can provide for terms that are not inside the exemptions, such as balloon payments.Note: if the sellers considered a creditor under TILA because the seller makes two or three high-cost loans under the home ownership and equity protection act (HO EP a), the sellers automatically considered to be a loan originator for purposes of the loan originator qualification requirements and 12 CFR section 1026.36(f) and (g) and any other rules applicable to creditors under TILA.