Great agents usually focus on listings and top producers make 7 figure income so yes the hourly rate is $500/hr and above for a rockstar.  

That's about 14% of your annual income, not 25%.Is it wise to self-manage?

Each of you are putting in half of the down payment, but I'd consider agreeing to a 60/40 split of the net income in favor of them. 

Worked ourselves out of income here lolVacancies lowMaintenance repair requests lowNeed to cause some drama so we can start putting some food on the table lolJokes.It's interesting though how if you do a good job in property management you kind off work your way out of being able to generate more income.I guess it's a good problem to have from a performance and ethics standpoint.What do you guys think?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Hey @Chris Dawson, There is alot to unpack here, but please note your wife getting her real estate license in of it self does not qualify you to use those losses (created by a cost segregation) against your active income.

Good opportunity to increase income and boost returns as seen in my data.

Moreover, due to my irregular income, obtaining financing isn't a viable option for me.Considering the above constraints, my plan involves a different strategy tailored to a specific area in Alabama.

Otherwise, what if they have a substantial increase in income and lose the voucher?

The 10% rate is legit; they just take 10% off the top and send you the rest of the income at the end of the month.