Here is how my management services agreement is structured: 1) Define terms ("manager", "properties", "portfolio", etc)2) Term length3) Authority of Manager- specifically spells out what the manager can do on behalf of owner (and exclusivity)4) Responsibilities of Manager5) Responsibilities of Owner6) Property Maintenance (spending limits and expectations)7) Compensation (spells out ALL fees that I would ever charge an owner)8) Liability and Indemnification (protective of Manager which is industry standard at least in my region)9) Insurance requirements for owner10) Leasing (how manager will acquire tenants, non-discrimination)11) Termination (notice requirements, etc)12) Legal stuff (choice of law, merger clause, notice, etc)Hope this is helpful I can expand on these if you're interested more

Very exciting stuff (but I'll save more details for the Marketplace). 

Essentially they are a poor choice. and you still deal with the only ground stuff which is the real hard part of itOriginally posted by @Michael Baum:Evolve does that for 10%.

Lots of stuff requires a higher than 350F temp (e.g. pizzas). 

Most people will move away from the hands-on stuff as they accumulate money and can hire stuff out, but there's no law saying you have to. 

But really, this stuff is all minor.

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

So for the good 5% down stuff you out a while.

I enjoy doing some hands on stuff but I also want to note, I don't have a certificate or training.  

At that point if you wanted to, while you're co-located, you could manage both units yourself, which would help boost cash flow at least while you're stationed out there.Just my thoughts and some of the stuff I thought about when I bought my house in New Mexico.