2nd, how do you decide what the monthly payments are and does the entire payment go toward the note or can it be structured like a regular mortgage to where a portion would go toward the note and the other part goes toward interest?

Is 3% too high for a regular agent when I am buying multiple properties a year?

I live in Fredericksburg but grew up in Woodbridge and am still in the area regularly.

The deal size you are looking at is so small that it can't pay for you make regular trips to check on your property, so you'll be relying solely on the team you have chosen to work with.You need to define your goals and make sure they align with your partners'.

They’re all continually updated to reflect all changes in the laws.They have regular meetings and conferences to address renting, maintenance, legal issues, markets, etc.

In talking with m realtor he told me since the residential property is in a commercial zoning, the ARV appraisal would be done based on the income as opposed to the a regular home appraisal based on comps.

I have been to a few meetups here in the TriCities but have not been regularly lately.

I don't see any money set aside for regular maint. 

If I take a more active role in regularly scheduling them and handling payment, I receive a regular percentage of the rent without a cap.

Regular inspections don't do an inspection of the sewer line, unless you specifically ask for one.