Profit split (20–50% if the deal does well).

how is the process/workflow typically work for you guys?

Buyers may be backing out for failure to obtain financing for the deal.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I would personally call the local housing authority and call property managers.

A lot of people deal with the same fear of taking the leap.

GC in the area How did you finance this deal?

I know on my new builds since we cant put the BAC on the listing the brokers bringing in Buyers just pop in what they want to make and well its more than I am willing to pay when I have to build the house for them and meet with them time and again.

The forums are the best place to learn anything in real estate you can think of. 

I have found the sweet spot to be $150K-200K.