Specifically, more on your partnership and the roles played, the funding (saw in your original post you were exploring options), and how you are managing the properties.

Th just seems like a huge cost for someone like me with only 6 properties, no matter how many features it has.

Ask how much the training costs.#5. 

If I were selling FSBO, I’d still probably price it to expect offers asking at least 2% in either closing costs or buyers agent fees, more if it’s a good first-time buyer area.

Because buying a one-off in those areas and then paying property management is going to cut or kill your profits.If you are doing OOS, you should focus on more turnkey or rent-ready over value add because as a new investor, you are going to lose money on the remote rehab.With a prior bankruptcy, an FHA loan, and 50k from someone else or inheritance, I would think a little more solid about how you want to invest.

The key is to make sure you purchase your the home at the lowest cost and know what your after repair value will be to see if you will actually be able to make a nice margin after netting all cost.

I can say that self-managing a STR from afar is beyond me (no experience as a property manager) so that would eat into cash flow. 

And then once you’ve showed people the place you can look at the people who filled out the pre screen and click “invite to apply” - that’s the part that costs them a little $ and does background check. 

If you need help finding off-market properties, and learning to analyze the cost of repairs I might have a resource you might find useful.

Alongside this journey, I’ve started my own car detailing company, which has given me a solid foundation in business management and customer service.