Have bought hundreds of property at auctions, including the first property I bought (detailed in Bigger Pockets Podcast #82) and the very first thing is you have to know value. 

And to Mike's point, if money can be made, why not do it yourself and self-manage the STR or even hire a professional manager and cut out the middle man arbitrager.

Im looking to get in touch with wholesaling teams in the area to establish my self as an investor friendly agent.

Management company said they had an applicant that applied and they were in the middle of reviewing the applicant and therefore if they “approve” we have to use them and then they will give us management.As landlords, we just received lease to sign and there are some addendums we want to add for our property to protect our property etc. if the management company refuses to include some of our requests for the lease, does this give us an out to not have to sign the lease???

Both of these have drafted up sales docs for the State I bought in, to include the contract up front.

I pulled up homes on Stetson Cir 95691 and a 5 bedroom 3 Bathroom 2,377 Sq Ft. home is quoted on Rentometer as $3,218/mo average with a +/-2% range on a 36 mo look back and 1 mile radius - the radius is important so as not to include Land Park homes across the river.

I do not know anything about Anderson Business Advisors, and have no comment or feedback on them whatsoever.I have set up multiple LLCs for various business ventures through top notch attorneys - never paid more than $900 for any of them, and that includes all state taxes and filing fees.  

Beginner in REI and made bad mistake with " self directing " an IRA : now owe IRS big $$$so I need some assistance going forward 

The operating company takes on all of the liability that would otherwise blow back on you including: paying property management, paying contractors, collecting rent, marketing, etc.

Or included.