And that they are not a flat fee property manager because that gives them no incentive to raise the rents.

I understand slightly raising the rent and keep the difference, but there must be more to it, what is the profitable exit strategy?

Also start to read books by investors who focus on raising private money.  

Hey guys, my wife is about to finish up her school work and take the test next week.

Is this a test or are you trying to "punk us"?  

Get Real Estate Brokerage licenseRequires me to have a real estate license for 5 year and practice the last 2 year prior to getting the brokerage license.12/2021-3/2022 Real Estate Licensing FEE(does not include REALTOR Or BROKERAGE FEE) Real Estate Class (Audio books, Extras) 299 Application Fee 89 Fingerprinting 60 Practice Test 20 Test Fee 32 Post Test Class 119 Subtotal 619 GMAT Book 144 Test 250 Subtotal 394 MBA Pre-requisite module 3000 In-state Tuition 16617.24 Online Class Fee 1800 Documentation Fee 100 Subtotal 21517.24 CPA Self-Study Review Course 1300 Apply for 2 section AUD + BEC 536.60 Apply for 2 section FAR + REG 536.60 Reapply For REG (Retake Exam) 271.25 Self-Study ethics exam 125 Initial CPA certificate application 165 Subtotal 2934.45 Summary of fee Excluding Brokerage License Real Estate License 619 GMAT 394 MBA 21517.24 CPA 2934.45 Real Estate Brokerage License ------ Subtotal 25464.69 So this is my plan thus far.

I am on a limited budget, so what's the best way to gradually raise capital?

You see I want to try and use crowd funding to raise money for bigger apartment buildings deals in a up and coming area I like.

Right now, want to flip to raise additional capital.

Most of us who have been around long enough have seen plenty go to jail for mortgage fraud so that is the concern raised by others.