(apples and oranges) - Property management is a stair step process not a diagonal line.

I got into RE back in 2006 when I obtained my RE sales license but I never really utilized it due to the lack of training, cold feet and the market crash.

For those that love quotes, here's one: "A man lacking in judgment strikes hands in pledge and puts up security for his neighbor."

Enrollments drop in a college town like mine, some of those teachers will be doing something else, it's hard enough justifying some of them now, but if students drop out due to lack of funding, you'll see an economics prof selling apples.

The primary drawback is the lack of control the owner maintains over design and construction decisions.

That is, they are a pending application until they get enough income or their credit cleaned up or whatever you find lacking in their application.

Also, consider getting a male friend or brother and do the talking, it has been my experience (at least down here in South Florida) that contractors tend to give higher prices as they know most woman don't have an idea of repair costs and won't negotiate prices for the lack of knowledge.Good luck.

Maybe you could have asked him about what kind of things should you know that he thinks you are lacking.

Look out for major negatives such as long staircases to front door, no garages (at least in CA and TX) locations on major streets (or backing up to major streets with traffic noise, proximity to train tracks or under airport flight paths, no yards on hillsides can be a big negative, proximity to flood zones, proximity to commercial or industrial, lack of similar size homes in the area or having what will be a great home but surrounded or in the proximity of  crap (shacks, run down homes, small homes with just your big one, etc.).

You might scare off buyers with the layout and lack of cabinet space2) Wall the doorway off and use the space as additional counter/cabinet space.