Hi Michelle, you can contact Taft West to register and find out the various locations they hold training sessions.  

Since I am viewing this initial property strictly as a buy and hold investment, should I factor the terminal value (eventual sale price) price appreciation into my considerations?

, but it could also strike home with them realizing that this could be a solution to their problem.Sending a generic piece let's them know that you're interested in their house and on the initial call they may mention their situation.Your thoughts?

Helps if someone should try to stiff you.Depending on your clientele, you might want to include a page with a description of the condition of the apartment and/or photos, and have them initial and date each item / photo at move in.

FYI Reifax also does demos/training sessions to help you get acclimated with their software.

Initially we were looking at property in eureka, ca (where we were living and I was attending graduate school) but we couldn't quite make the numbers work for us using the BP calculator.

Making some initial plans to get into flipping houses and invest in small multi-families with some of the profits once I get a decent number of flips under my belt.  

In my initial email to one of them, I asked for what they charge and he said for single family houses, they charge 1 months rent per year.I own three 4-plexes and he said that we could negotiate the terms.I would like to negotiate fair terms that incentivize the manager to run the property the way I want, which would be to fill units fast with tenants that stay long term and keeping the rent just under market rate.Any suggestions on terms, incentives and things to look out for would be much appreciated!

There is no ideal jump point, but given your confidence in yourself, figure manage these initial properties for around 12 months while constantly evaluating your income, expenses, personal time allocated, viability of professional management, viability of rental market etc.

If I'm understanding you correctly, you want to view projected equity as it related to your initial capital?