That flu pipe could use some straps don't need that coming loose.

There are bound to be plenty of newer agents who will gladly get paid $10 to $25 to send you comps for each deal you're considering.

Would it be stepping out of bounds to have the HOA inform the other owners about the potential issue in their units?

This gives you more time and options to find your buyer without the pressure of being bound to the purchase.

If that's the type of "turnkey" operation you're looking at, then I don't know why you would loose even 2 minutes of sleep over the property.

The "GURU" (I use it loosely) told you to take these steps:Find a property on the MLSrun numbers,get a buyer to agree to pay you a finders feehave your agent to show it, to write an offer.That path is likely illegal in all 50 states.

Myself, I pay a property manager and they are cost-neutral,  because Im a sucker for a sob story and loose a bunch of money to that. 

This loosely relates to the broken windows theory, which can be applied to many different domains, including real estate.  

His numbers don't account for vacancy, which is bound to happen. 

Either way it is a big part of being profitable or loosing your shirt..As far as getting clients- go to VBRO.com and check out the competition and their rates.