As you explore these types of deals, part of your due diligence should be to research the local building departments to ensure the time and costs associated with re-zoning and re-entitiling the property are properly factored into your underwriting.  

Otherwise done by email.2) I arrange a home inspection annually through a residential home inspection firm to look for maintenance issues.3) I use forms from local landlord association.* It's a trade off, pay someone else because my time is more valuable, or do it myself with efficiency.

You should be able to take any normal business expenses associated with RE including section 179 and normal depreciation.

Single family homes vs garden apartments vs high rise apartments will all have different ratios and within those classes, will all have different results in different states.It is not possible to get the number you are looking for as an accurate across the board of all investment classes for cap ex or repairs/maintenance.That said, here is a blurb copied form the NAA (National Apartment Association) which puts out data on operating and cap ex expenses for apartments of garden style and high rise: “Capital expenditures, which can include anything from concrete and masonry work to amenity upgrades to extensive rehabs of some units or a clubhouse, has steadily increased since 2010 when measured against GPR.

But, the National Association of Realtors says the average flip takes 6 months from purchase to cashing a check.

If you're thinking about considering brokering real estate transactions as a career, it needs to be treated as a career not a side business.There are a ton of niches in real estate and while they may not be common there are real estate brokerages who employ agents full-time with and without commission.The majority of agents though are independent contractors acting as 100% commission sales associates.

Here's one noted RE investor club in GJ: Western Colorado Association of Real Estate Investors. 

Buyer's agents typically represent you at no cost (commission is oftentimes paid for by the seller) AND they'll give you MLS access, off-market deal access, transaction coordination, etc.Holding your license and gaining MLS access is associated with fees - MLS Dues, licensing fees, continuing education fees, broker desk fees, etc.On the other hand, if you are looking to monetize your licensee status by helping folks buy and sell RE, you can earn extra income and potentially make this a career.I began as a part-time agent and was able to quit my 9-5 job after about 18 months.Best of luck to you moving forward!

Having said that, with leverage or with other passive investors, real estate can be converted to a fast path to wealth, with a high degree of control. 

Hi Logan, you may want to check out the Utah Valley Real Estate Investors Association (uvreia dot com).