dont get this kind of advice from the internet.. contact the regulators in your state.. describe what it is your actually going to do and they will let you know whats required.for instance in many states no license required for commerical non owner occ.but that are 10 to 15 states it is required.. so it cost you NO money to check with your state and get the straight scoop.

How realistic is it to "timeshare" another property manager from another apartment owner in the area, much like they described in a recent podcast?

The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Arlington County the property described in said Deed of Trust, located at the above address…….

Lending is ok, but requires a decent amount of legwork per transaction especially if the collateral is only the RE being rehabbed as in your describe transaction.

I don't expect you will find more turn key inventory than described in DFW area or majority of US urbans. 

But the opportunities you're describing sound quite different from the webinars, sales courses, and coaching programs that take many newcomers for an expensive ride.

It may have loss to lease and vacancy functionality built in (or handled as I have described above).

This isn't a hard and fast rule, but based on the type of property you describe, I would expect that to be fairly accurate. 

I hope that makes sense how I am describing it. 

7) Describe your ‘technology aptitude’…on a scale of 1 to 10 with one being a novice and ten being an expert, how would you rate yourself?