My base plan starts at $100 a month, and this includes 100 live operator minutes, with excess minutes billed at $0.95/min.

You still have management, maintenance, advertising, office supplies, legal fees, eviction expenses, utility expenses (at least during vacancies), damage done by tenants in excess of the security deposit, lawsuits, etc, etc, etc, in addition to the expenses Will listed.

Do you find that you run into problems with excessive maintenance due to the age of properties?

If the suspended losses are in excess of the total gain, the remaining suspended losses will then offset ordinary income.3.

Closing costs in the $6k range which I thought was excessive.

My company has returned annual net returns in excess of 20% for our passive investors over the last 6 years by investing in the markets I mentioned above, taking a boots to the ground approach, and utilizing a team that has billions of $ in real estate transnational experience. 

., my understanding is that the Vancouver Realtors who were really up to shady stuff, were assigning deals which had been entered into in bad faith, and without full disclosure to the sellers, than: 1- The Realtor stood to benefit in excess of his/her commission; 2- The Seller had the right (and should have been encouraged) to have his/her own Real Estate representation before entering into a deal.

The cost of entitlement could easily be in excess of 30k depending on what you propose to build. 

I don't know about NJ but that seems excessive to me.

They were in the range of $4500 a month for houses in excess of $900,000, when houses in the $700,000 range were renting for $3800-4000/month.