Speaking from experience, we ensure that we know what the role of the PM is (defined day to day including periodic drive arounds) and are happy to pay for work done. 

These people will play major roles in your deal flow.

If you are simply playing the role of HML then couldn't you just charge more for your money?

And, I bought nicer homes, my tenants were senior NCO's and Officers, LOL, they all out ranked me but they were very good about playing the role of a good tenant.

This may or may not be the norm (seems a long quiet period but others in the area may chime in).I would maybe play the role of potential tenant and look at how your ad compares with the competition in your area, the terms, application and screening requirements, etc.

. $175,000 purchase price, 2units, 20% down$5,500 sellers assistNet price of $169,500Average estimated monthly rent role of $2000$2600 taxes$1400 in insuranceTenants pay all utilitiesI got quoted at 4.875% rate with $2k back at closing with 20% down.

Since I had a brain annurism and a stroke almost 6 years ago and still cannot walk but I am exercising and am planning on walking again.  

I want to send mailers to a certain neighborhood near where I live in Centennial but I am wondering if it will be an exercise in futility.

(3) EXERCISE PATIENCE and wait for a deal to come along that you can structure into a "killer deal". 

Private money (or non-traditional/non-bank lenders) and hard money lenders each serve a role and have their purpose.