With Alarm.com I have all the controls in one location rather than across different apps and websites, and there are a lot of complex features that can really automate your home.

Commercial Value is determined by calculating the NOI (Net Operating Income), and divide by a market cap rate based upon your geographic location, and average cap rate that similar facilities in or product type have traded recently. 

I ran my numbers with both of the units rented out and included the vacancy rate, cap ex, repairs.

Some recent podcasts have featured experienced real estate business people who not only do well for their investors, but understand the obligation they have to those investors.

Looks don't matter, it's all a function of how much you can increase NOI and what the market cap rate is when you sell.

Depends on what local cap rates are at, and what local sales prices per unit are at.

As long as you can hit your desired numbers (cap rate, ROI, NOI ect.) then a property manager always makes sense in the set it and forget it investment mindset.I think if you go conventional financing on anything 4+ units, that is a solid deal, you should be fine.

I'm just wondering how this will affect the ability to get over the 10 property hump should I want to go that route once I reach my personal cap.  

If I was spending $1300 a month on expenses on them, then something has gone drastically wrong.My contention is that as you move up in price, the percentage of the rent that goes towards expenses, repairs and even cap ex becomes a smaller percentage of rent.

I also decided I would take a lower cap rate for a PM I trust than a higher one in an area without one.Sorry my answer was so long- I should probably write a blog about this journey :)Happy investing!