Alternatives include exploring seller financing or joint venture partnerships to potentially reduce your upfront cash requirements.

No lawyer...I want to know items like:RE commisiion including buyer's agent commissionAny agency fee?

THe $125,000 costs does not include any settlement or carrying costs and expect the borrower to pay around 7% on the exit in form of settlement and brokerage transaction fees.  

If the appraiser believes the income approach is necessary for credible assignment results, then the income approach must be included.

I spend MAYBE 2 hours a month including 1 hour on bookkeeping.

But there are so many factors involved, including the overall strength of one relationship.

2) Do I include my assignment fee inside that 70% rule or does this come out at closing?

Current water lien law may not be relevant since you bought before 36-60-17 was amended to include that limitation.What does local law say about lien duration for water? 

We face a dilemma as we embark on this venture with a clear business perspective, committed to implementing best practices in property management from the start, including engaging professional property managers.

When things were going downhill they went into my Trello and my google drive and copied all my business data out (including data that was for another business not landflipping).