I have a full time, executive level job and am in my mid-40s.

@Brad Jacobson - It would be considered non-employee compensation? 

@Jared Bouzek is in Colorado, may as well start with him.

@Tiffany Ralston - I use the marketplace and for silver level coverage (80% coinsurance and a doctor visit is like $25 with prescription coverage) it is $500 / mo just for meI don't have any pre-existing conditions and do not take regular medicationIf anyone has a better / cheaper solution I would be open to hearing it 

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.