Sounds like property manager, so you would need to research market salary for PMs in your area.

@Cindy Joseph if you had hired us and this person contacted us for your property we would not approve them.

Just for some info, we have to do DSCR loans at this point in our life and we will not be selling in the next 5 years.

Property taxes and insurance are typically the two biggest recurring costs.

If you try to get in with some upside down project with thin margins you won't be able to do it.The midwest from Pittsburgh out through Ohio and into Indiana, you have markets in that belt that offer beginners with little capital and no experience a chance to play.That's fine and dandy but setting up a network full of Agents, Wholesalers, and GCs that aren't gonna over sell you, talk you into a bad project, or plain rip you off is the hard part.

One of the few multi family properties in this SF neighborhood that had gone up for sale in the last 3 years. 3 story on a large lot, 1952 build with great bones.

To add to this, a lot of Wholesalers or agents from New Western deal specifically with lower class Real Estate, because like Stuart mentioned it is the lowest barrier to entry and typically easier to convince sellers of that property class to sell under their conditions. 

What happens if someone wants out or to sell it at some point?

This wasn’t just me—this was true for most Florida property owners back then.But that kind of system can’t last forever.

I assume you're talking about buying the property at the foreclosure auction, if not then it would just be about getting ahold of the owner and seeing if they would sell it to you.If you are aiming to buy it at auction, this is a really good article to read: https://www.biggerpockets.com/blog/buying-house-auctionMost important thing is to make sure 1) you are buying the 1st mortgage and not a second and 2) make sure you know if there are any tax liens on it as those don't get wiped out in foreclosure.