Hello,     I am new to the Bigger Pockets Forums and to Colorado, I am looking to buy my first home (cash).

Co.

The difference in your bank account balance between paying a property manager 11.67% (10% of gross rents plus 20% lease fee) and managing the property yourself when buying one 20% down rental property (in Northern Colorado) over 40 years is:If you invest the difference in the stock market and could get 8%, the difference becomes:If you're saving for a second purchase, it delays when you can buy that second property which further compounds the effect of property management fees on your overall net worth.And doing the full Nomad investing model, it is pretty significant differences.I am going to write a whole book about the impact on various investing scenarios.

Each one is different.As far as contracts, if you work with a  reputable wholesaler (may be under a co-wholesaling agreement), you should be able to see how he/she writes their contracts. 

They just do it because it fulfills them at a different level. 

This site has been invaluable to my real estate education, and I'd like to take it to the next level with networking here as we get our feet wet in investing. 

My family is fortunate enough to own some real estate in the LA area.. so my goal is to take these properties to the next level.. one property we own is an amazing lot in a great upcoming neighborhood..

There is Northern Utah REIA closest to you, but Salt Lake and Utah REIA both meet SL County and have many investors from Davis Co and north.

Many people don't track leads at this level (and I'm sure most are doing more deals than I am now!).

There is an HOA in place but success of this property would have a level of dependency on others (~10 owners hold 80% of the properties so there is a lot of distributed ownership.2.