Can't buy as often here in San Diego but 1 door here is worth 10-20 doors in the markets that I was investing and growing more wealth with less doors is more preferable and provides for less expenses among other issues.House hacking in San Diego is the best way to get started with investing locally and it will have an immense impact on your financial future and net worth in the long term.   

I am looking to put a property on the rental market in VA and received a contract from Property Mgt Company that wants 6% of the total sales price if I sell to a tenant they screened for my rental.

Feel free to PM numbers to me if you would prefer.

Profit/Loss Statement and Balance Sheet for the Property: At a minimum, we would want a profit/loss statement and a balance sheet for the most recent complete year as well as year-to-date for the property, but we would prefer to also get the last 2 years of tax return pages for the property.

It is not an issue if you are adding more square feet for your personal preference, but I would not expect an ARV that is as high. 

so far, I line up, realstate/wholesaler/one recommended PM/ 2 contractors that work on flipping for other investors/ a few local millwork vendors / tile company and i also set up a meeting with the housing authority for the section 8 program4.

This is nearly exactly what I do for my PM company every time any owner calls us to inquire about us managing their property.

Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.

While building your team, it's important you understand the motivations of everyone on your team.Property Management Company (PMC): No one else on your team should be as vested in a long-term relationship with you as a PMC.

It is an option for some people, and it is what they prefer.