There are exceptions, but not many.My policies are explained to landlords when they hire us.

Ends up a few times we are looking at some of the same leads, except he paid top dollar for his.

Or, should i do the same exact concept except eliminate the holding company, and simply have 3 independent LLC's, all with me as the member, and the property management company handle all of the transactions and pay the property holding LLCs a fee each month? 

I manage all my properties except one so it would be hard to say I don't have the required hours.I also don't have a day job and RE is all I do.

With the exception of financials. 

I require a $1,000 security deposit, no exceptions and I let them know they will be paying all utilities, mowing the lawn, keeping up the landscaping and cleaning the gutter. 

You can start looking now and assume that returns you find on current properties for sale will be similar to what they are now with a few exceptions. 

I had no idea what to expect except for generous coaching by Joe.

I didn't even realize at the time what lessons I was going to learn in the future my father was an accountant and an exceptional bookkeeper and a math genius to be honest.

Speaking of junk, doing my research tonight saw a 1/4 acre lot for sale.....except that it is 25' wide and 407' long.