It IS helpful to have someone on your team who is licensed, but being licensed yourself may impose limitations you may not want to deal with.

I was going to name my LLC that I use for my fix and flips "Flipping Cleveland" as those of us that have called this gem of a city home have said variations of this over the years in regards to our local governments and/or sports teams... ok, mostly our football team... and the baseball team since the early 2000's... and our basketball team sans LeBron... 

We are currently putting together our power team.  

While I don't quite have the down payment amount saved up right now, I'm hoping to team up with my family (1 aunt and 1 uncle, they both own rentals) in some kind of joint venture deal where they bring a larger percentage of the down payment funds to the table as silent partners and I manage the logistics of the deal.

They suggested just going ahead and doing a rehab instead, possibly with a property management team.

What he is offering is:-His team will do the due diligence on the title to ensure it's clean-acquire the property from auction with room to make 20-50% profit-provide actual comparables-consultation prior to auctionHe wants a non-refundable payment of $2500 to set up an account and the $2500 per property making it $5000 up front (in addition to actually financing the properties in question).

Rhode Island Realtors needed to pull comps.I am investor and I need a strong team of realtors.

Yes- If the ROI is the same in 2 areas, then that's when I start to look at other factors in investing there- the potential growth of that area, landlord friendliness, which sports team I like, etc. 

I can see no downside to having a professional PM.As I reread your post I get the sense that you want to find a small team of partners where your role in this team would be to be the money person.

@Victor Omoniyi Welcome to the team :)I stay in Austin and quite the newbie too.