The justification I have for it is that virtually any other investor who hired us to do work would be getting the same amount of work done and paying my rate as well as my employees rates... functionally putting them in debt the same amount I would be-- and since I am doing the work of scheduling, ordering materials, overseeing, carrying insurance, quality control etc. etc. it makes sense that I be paid for that work, even if I am my own client. 

., I would wait till late October to start advertising for it. 

From those calls, you will have learned what your competition is related to lot rent, the sale of homes, how many POH they have, and what incentives you may have to offer as you sell homes.Next, you can advertise a home for sale yourself as a "test ad".

I bought a fixer upper in Houston, which will eventually be a rental..where do you go in Houston to buy flooring, bathroom material, fixtures, etc at a wholesale price?

There are 3 ways PMC's charge owners for Maintenance:1) Hourly: most common and is billed for the time servicetech is at the property and getting materials.

This is a common misconception. 2) The property replacement cost is between $100 and $125/ sq foot depending on types of materials. 3) Are you working with an Insurance broker?

Not sure what area of the country you are in so labor/material costs could be lower where you are.

You go through the process of analyzing a deal, getting it from accepted offer to closing, working wit contractors and understanding all the components of a house, advertising it for rent, backgroundchecks, leases and ongoing property management...

Try and read and memorize all the material you can.

I have read some promising materials on renting to section 8 tenants, and I’ve analyzed some deals that i think make sense, but i think the section 8 procedures might be a bit complicated for a first-timer and i think it could complicate finding a property manager.