I know I skipped some of the math such as vacancies, turnover maint, appreciation etc but I wasn't sold on these being the major decision factor (please DO correct me if I'm wrong here)What am I missing? 

I think it makes sense i get some percentage higher than 50, or a flat fee, but i want to be equitable in coming to the decision.

It's a personal decision.

You should trust yourself and not compromise your core beliefs in pursuit of success, whether it be a conscious decision or just a naïve one. 

There are so many decisions to make when rehabbing or choosing tenants, hiring and firing contractors, choosing ceiling fixtures and coming up with more money when the unexpected happens.

I have zero regrets of my decision.Below are some of the reasons that I made my decision.1) I purchased my property for 10% below FMV(appraisal vs purchase price).That means any penalties that I paid was made up for already on the purchase2) I don't like that my money was tied up and felt restricted until a certain age.3) I believed my appreciation / cash flow from real estate would be greater than the return in a retirement account(Not self-directed)4) Real estate investments can provide some tax benefits so you can still think of it as a 'tax-sheltered account'Best of luck!

My worst financial decision ever was not dropping out of college and doing $2,000 per year IRA's at 18% fixed.  

Good luck with your decisions, and welcome to the business. 

The well put together and pristine offering package definitely displays the professionalism of the team, however, investors should not take the pretty colors or pictures to make their decisions. 

Since I am so new everything has me worried that I am making a mistake, but I am now more confident that I have the ability to make an informed decision in this situation.