Heck those guys were trained professionals doing what they do every day.

You must get your mind in order, you must believe in "YOU", you must seek out that vehicle that will help drive you to success and most importantly you must study and study and study again everything you can about real estate investing.I have been apart of 100's of real estate training seminars over my 20 plus years as a real estate investor and teacher and for me the most frustrating attitude to overcome with potential students is the "poverty mentality"!

These servicers are typically cheap and you can train them to do a quick upfront vet of deals as well.

I spent 15 years training employees in management and the most successful ones were the ones who can easily connect with anyone on a natural level.

I am long past the point of it hurting my feelings or getting upset but I genuinely am curious as to their train of thought.

The SFH train seems to be running out of steam in Austin.

I got lucky to sign up with a national brokerage who offers lots of training.

General assumptions I am making thus far include (assume duplex on deal below though per unit figures provided to generalize how I'm analyzing anything in the 2-4 unit range):Financing:-3.5% - 10% downpayment (depending on total capitalization), 4.65% interest rate o/ 30 year term-1.75% upfront PMI required, with 0.8%/year amortized into loan payments for ongoing PMI-3% plug for closing costs-2% of loan amount for financing fees-8% vacancy/collection loss-$450/unit/year insurance-7.5% Mgmt Fee on gross potential income-$500/unit/year for R&M-$300/unit/year for capital reserves-All utilities pass through to tenant-$30/month for landscaping-$40/month for pest controlAs mentioned, my cash flow after debt service on nearly all deals I look at (after adjusting the brokers' 20% expense ratio up to the 40-45% I am comfortable with) turns out negative or nearly $0/month, making me question whether the selling prices are absurdly high right now, whether my assumptions are far too conservative, or whether levering a deal to 90-96.5% (utilizing FHA 3.5% or anything up to 10% down) prevents anything from working due to the high monthly cost of financing which includes PMI.

It does not seem to be very difficult nor does the ongoing annual maintenance of the "business" seem out of line for what I can do myself.  

3) Make changes to prevent the root cause of the problem (better instructions, guidelines that are more precise, more training, change the procedure completely). 4) Measure to see if there is improvement with regard to the original "problem".