Even with a property that only has 5% physical vacancy, you should account for bad debt, loss to lease, etc.

Typically based of historical figures with adjustments made and explanations as to why you think you'll be able to increase rent & decrease expenses.When speaking with the property manager ask the following to get started:what other properties do they manage:how does this property compare - physically and financially (rents, expense ratio, etc.)What is the going cap rate in the area, what are they basing their asking price off of? 

My husband would love to work his way (after he pays his "dues") from being the one physically doing all the work but instead being the one who manages the project (while of course still doing some of the work).

PS Bonus points for ability to generate 3-day notices from the software, and ability to dispatch physical letters without manually print/fold/stuff/stamp/mail  (ala mailaletter, click2mail)

I'm a bit concerned about anonymity, but I was told that they might require an actual physical address.2. 

I realize now that I have a decent amount of equity at my disposal and I'd really like to use it to grow our little side thing into a full-fledged business.It is a challenge to be actively involved when I'm not physically present, but I'm fortunate enough to have a reliable partner and property manager that handles nearly everything.

That and no capital are the ONLY two things preventing me from physically acting.

The front yard is so over grown that it is physically impossible to get to the front door and it has all of the other major signs of being vacant.

While it isn't as personable as physically meeting, it is easier when distance is involved.Criteria: I would say that the biggest criteria is that you and your boots on the ground have the same goals.

I preordered the physical book on Amazon, yet I would like to get the digital content as well (Audio, book, and bonuses).