Hello investor, I have lived in Coastal GA for 4 years and work in the healthcare sector and I’m tired of the 9-5 job; I’m ready to invest in real estate but I need guidance on starting up.

Someone offering up their expertise and skills in exchange for money is a coach, not a mentor.

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages These are just some of the indicators that will help you understand the quality of an area as well as the kinds of returns one is to except.

My instinct is that this is not the correct way to handle the situation but wanted to see if anyone with accounting expertise could provide guidance - is this a standard practice or should the debt be treated as a charge off/write off and start the following year's assessment from a zero balance? 

It can be steady work but not free of headaches or drama and returns are low.That is why I do not focus on PM work.In the retail sector I have some friends that manage over 10 million sq ft of space.

As with any popular mechanism and sector, good funds become harder to find. 

A veteran making $200,000 in the private sector with no credit card debt and an 800 FICO may be able to buy the $1,000,000 Fourplex.....but if another Veteran is making $42,000 per year, with $25,000 in credit card debt and a 620 FICO will most likely not get that same amount of a loan.

Bear in mind, from the bank's point of view they have a trained professional who does this for a living and has a low degree of incentive to over-inflate the price compared to another person whose expertise they have no way of gauging and who directly benefits from a higher price.

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages - Owner to Renter Ratio- Family and Household SizesThese are just some of the indicators that will help you understand the quality of an area as well as the kinds of returns one is to except.Also take into consideration the direction in which each of these market indicators are trending.

I've never heard of this and there's a lot of risk handing over that responsibility to a business owner with no expertise.