Include a contingency budget for unexpected issues.

+1 for PMS integration and no issues with VRBO. 

If you sign up for the free trial they will automatically charge you for a subscription (usually around $1100) and they will refuse to issue refunds or close an account.

Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit “ but as the landlord you're responsible for major repairs such as but not limited to roofs, plumbing issues, electrical issues that all can be expensive you would have to have money saved so that 500 cash flow is profit but wouldnt it just have to sit in a bank account? 

That's not common, but can be done.

Sometimes new installs have problems cooling the house correctly or just other problems- so doing it without tenants gives you some time to address any of these issues. 

Each unit has its own entrance/exit in addition to the common egress.

People understand that it is possible, but takes a lot of capital.You can still buy cash flowing properties in Milwaukee, but I caution everyone from pushing this to the extend possible: you end up in the hood with headache tenants, rent colection issues and old delapitated buildings that need massive capex. 

Here are some of the responsibilities.Financial Management:Overseeing the HOA's budget and financesCollecting dues and managing delinquenciesMaintaining financial records and generating reportsCommunication and Administration:Acting as a liaison between the HOA board and residentsDisseminating information through newsletters and noticesResponding to homeowner inquiries and concernsScheduling and facilitating HOA board meetingsMaintaining the Community:Overseeing maintenance and repairs of common areasEnforcing the HOA's Covenants, Conditions, and Restrictions (CC&Rs)Managing vendors and ensuring adherence to contractsSupervising common areas like pools, gyms, and landscapingOther Responsibilities:Planning and organizing community eventsHelping to resolve disputes among residentsStaying compliant with local and state lawsThe PM doesn't go on-site is very weird, it's called Property Manager for a reason, to oversee the property. 

That bug is now fixed, so if this is a new issue, you may have been one of the "lucky" ones. :)