When I decided that I'd like to get into other parts of the real estate world, it just seemed like a natural path to get my CCB license.

Gina,  buy houses with OPM, = hard money , and finding an investor, family  member with money, and you provide the know how.I flip with my own money, and then I use my Investors money to aquire a property,  I use my money for rehab,  to have some skin in the game, we split profit 50%.Not sure why,  you are even considering paying  $1200 with your experience,  and reluctance to name the group.I wish good luck!

As you're finding out, most, if not all, lenders will want you to have some kind of "skin in the game" so to speak.  

I think my wife and I are following what feels natural but I want to be sure we are executing correctly so we don't end up having to have work done twice or create issues.

The property managers we’ve worked with provided value at all stages of the investment life cycle which we logically subdivide into four phases: Market ResearchProperty EvaluationRehabProperty ManagementMarket ResearchThe knowledge you gain from seminars, books, podcasts and similar channels is by nature, general information.

As an example with I was working pre-foreclosures in Missouri, my message was very personal in nature, with a picture of my family.

The law of large numbers is to low to make some assessments, the interest rate risk is minimal if not non-existent due to the short term nature of their loans.

I’m new to this and want to focus on the natural pitfalls of property management so I can grow processes to help the people and thus business succeed.

I have considered offering a similar arrangement for window AC units but doubt it would be worthwhile due to the seasonal nature and added labor cost for installation and removal each year.I think that offering a washer and dryer is a nice amenity and can make a little money in the right situation (either from a laundry fee or as additional rent) but I doubt that the added cost and maintenance of coin operated machines would make it worthwhile in a 2 unit building.

Seemed like a good rule-of-thumb, although naturally the variances in capex, maintenance, and other things would impact the final decision.