Of course please consult with a lawyer to make sure, but this is what I've learned so far.

I'm here looking to get involved and familiar with a community of people that are in the world of finding these types of properties. who I can learn from and build health and mutually beneficial processional relationships with them to start my journey in investing and further theirs.        

I also suggest getting out to real estate events to network with other like minded people in real estate and learn as much as you can from others.

We jumped in after waiting on the sidelines too long and now are learning on the fly during this recession... correction... market cycle.

And what should I do, learn or read on this topic? 

I guess maybe its time for me to learn how to use QuickBooks! 

Regarding inspections, some PMCs will be at all, some will only be at the ones that have a high risk of failure or a problem tenant (renewal inspections).These are all questions you should ask when interviewing PMCs.Encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

But you'll learn so much.

I still have a lot to learn when it comes to the financing part.

Although I'm just starting out, I find myself doing the same thing while learning about Real Estate.