I've had everything from having to chase them down for their portion of rent, to providing them deposit slips monthly so they can deposit rent on time, to even opening accounts at the banks they have accounts in so they can just have the teller handle the deposit process.

I was willing to put work into it; physically or financially.I began chasing after my passion last July (2015) by doing as much research and self-educating as I could.

Great progress Chase and welcome again to Biggerpockets

We both have chase.

If you have a manager for 6% but they run your property into the ground and chase away tenants that 1 or 2% you thought you were saving is turned into much bigger losses for the property.There is cheap,expensive and then there is VALUE.Value is getting competency for what you are willing to pay.

Without goals you'll fall victim to the shiny object syndrome, where you keep aimlessly chasing deals (which I did). 

Once you find one ,the buyers chase you down. 

I waited until I knew he had the eviction notice in the mail, then I texted him and said if he moved out by this weekend and we didn't go to court, he could avoid having an eviction on his record and we would not chase him for the back rent.

Been to Chase and AACU.

So as all answers with RE, it depends.If the seller has owned the home for the required amount of time, then they only pay 15% in long term capital gains.If you cut them a check for a fee, that would be taxed at normal income rates.In the end, I would cut to the chase and just offer the seller a price, get your assignment fee from the buyer, and move on to the next deal.