I figure once I am paying over $2000/month, it may be cheaper to hire a 1099 employee.  

IRS employees, accounting firms, tax preparers.

After the first 15 days, if no offer was received or approved, the bank is going to look at investor offers.Fannie is a governmental agency and their employees are not working weekends and holidays.

It's very common for management  companies to bait you with a low monthly % of rents...only later to discover the additional fee services or that they contract or use their own employees at an inflated rate.3.

Well, 400 investors isn't too much, and 400 employees isn't too much, but 400 partners would be a disaster. 

Martin I think the competition over RE originates at tech companies rather than the employees themselves.

Thanks, at your age you'll need to approach RE activities as an employee, a summer job type thing, how you get paid is up to the employer, but you can't strike off binding contracts in real estate, just get a paycheck.

In the future you will be adding employees to your team and those who are strong in your weaknesses will add tremendous value.

I have a great handyman who is a MacGyver, but would never commit to being a full-time employee. 

With that fee structure and 50 units, you may want to consider hiring an employee.