The little time that I did spend looking into foreign real estate I quickly realized that any useful information is very difficult to find.  

If you are going to market, the tenants will go out and look, and then realize they had the deal of their lives for the past several years.Treat tenants with respect and well because they are your clients and paying the mortgage, but in return expect to get paid for the service.Good LuckGino

I realize that there is a fairly wide range of work a PM could do for an investor, but I am just looking for a general data. 

So we have chosen this path.During our search for our first tenant, we realized how real estate can also be a venue for helping people and their families.

Thank you for sharing this information with me.I will lookup Tyrone the Flipman also.Yeah I realized a little while ago that if I am waiting to learn everything before I make a move I'll never move, and if I am scared to make mistakes or get bruised up them Real Estate is not me.

Is the 33% requirement a down payment to assume the loan or is that the equity the owner will realize?  

Well I guess I can't put info here, didn't realize it would get deleted.

I didn't realize that you bought turn keys.

I am going to school and realize, to make this happen, I must qualify for a loan (preferably FHA or 203K) so that I can get started as soon as possible.

As I saw my costs skyrocket (particularly taxes) I realized I was hurting myself, my income, and my business.