It can definitely be an invaluable learning experience and wealth building tool. 

I'm getting concerned because I know from all my BP reading/learning that expected PM rates vary from 5%-10%, so I was preparing to pay on the upper end of that to make sure I find a "Rock Star" PM (as BP books would emphasize doing).

It might cost you 10 or 20 bucks to join a meet and greet, but it can be a learning experience.

Create a detailed post or thread that outlines your past projects, what you've learned, and the returns you've achieved.

We wanted to build a cabin for us but learned there is nothing and off grid so it has been sitting there for last three years and paying the property tax. 

Lessons learned?

Definitely depends on lots of factors - I would strongly suggest learning how to do basic modeling/underwriting and projecting the cash flows out in different scenarios 

Here is a link to the IRS website for reference:https://www.irs.gov/retirement...Another great resource to learn will about this topic be this discussion on the forum:https://www.biggerpockets.com/...

Keep learning and growing.

As a conservative investor I believe we are late in the cycle and I don't want to newbie sponsor learning expensive lessons with my money.