I've been somewhat successful in prepping an apartment, hiring cleaners, maximizing profits per sq. feet (which is always tricky).  

Do established agencies even hire newbies?

I know that all sounds harsh, but if you aren't up for the challenge of being hard, than you need to hire that out.  

I know this will vary for the individual and the type of investment, but it seems most are happy if the mortgage is covered and it cash flows some minimal amount.For an STRP, its not completely passive as I would be hiring someone to handle the listings/cleaning but its much less work than the business I own.

To form such structure correctly, I need to consult/hire a CPA or an attorney.

Want to lose a friend get in business with them.If everybody puts in 25%, and I was in that partnership, I'd want 25% share of income and capital gains.And work on the properties should be hired out not done by a partner like your slef.Why do you need the partners? 

Hi all,I am going to be renting out my condo in the coming months and I am looking at possibly hiring a property manager.

I met a mentor / colleague at a veteran recruiting seminar and she hired me as a veteran career services coach and eventually recruiter.

Our consultancy relies on our experience for our expertise plus legal advice to us from law firms we retain or hire.

If you do the 2 and one half hour training negotiation with the seller and teach the seller “the costs to sell with an agent”, versus renting it out, versus seller financing, it’s all easier to deal with the FSBO.After I go through the 5 steps negotiation with the FSBO, I generally tell them I can get their house problem fixed in 30 to 45 days, so they want to hire me to get that done, at no cost to them, then they sign a letter of intent to lease or sell.D.