Is there any other "hidden fees" other than what they show based on the estimate of your home?

Not only do you have their doctor bills to potentially worry about, but also the cost of legal fees if they decide to sue you.

For example: Section 11 (Utilities) states that tenant will pay all connection fees, etc.

Lastly, there are often hidden "special assessments" that the board can levy which will gnaw away at your cash flow.

Theres no real equity in it right now, kinda just finished off paying my resignation fee that the VA adds on to the loan..

Saving them Realtor fees, closing costs and months of house payments is a huge incentive to say yes, so we close more deals and more than make up for paying those closing costs in the end.

if you are all in on a house for 55k and you are getting 900 that's pretty good. especially for columbus. make sure you account for lease up fees too. most people charge a month rent or 1/2 a month rent so that'll be a one time expense realized per tenant. renewals also can cost money sometimes. 

However, you don't get a "my tenant broke the lease" bonus fee, out of thin air. 

Under this entity, and under the operating agreement  should I compensate myself a management fee ?

Another had hidden foundation issues, that were obvious from the inside, just not from the outside.You will sign all sorts of lies on the paperwork--you inspected the property, etc.