I like starting in the Midwest because it's affordable and offers good cash flow.

Ultimately, the best approach depends on factors like the size and complexity of your operation, your comfort level with HR tasks, and the services offered by the property management company.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

I found it through a wholesaler, created a relationship and he accepted our offer How did you finance this deal?

Generally, just offer two rates one at FMV and no commission, one with their broker 4% and time value of money reflected in a higher base rent.

This was a financial crimes convict, that heard the ads and knew enough about private markets to think: why would a group with such a strong track record be offering above market returns to LPs.  

(I will not be providing a share network for the tenants).I'd appreciate any advice, recommendations, or insights you can offer regarding security system options, installation, and any other relevant tips.

The NAR does not affect listing agent but it does affect the listing agent.I don't think massive new FSBO but I predict lot more flat fee buying agent if buying commision is not offered. 

When the seller gives me kick back I offer something like an ARM.

However, few lenders offer such loans.