So you walk away with 25% equity/75% debt split on a property where the mortgage is being paid by a renter and there's a few hundred per month extra for your pocket.You now get to repeat the process again, it is called "rinse and repeat". 

Mid term is tougher if you are charging 4k or 5k per month.

Things to look out for----Ask a lender what your potential interest rate is going to be and what lender fees are associated with this rate (underwriting fees, points whether they be origination or discount). 

G'Day Amirra,Yep, pretty standard is 1 months rent.A new twist to traditional property management fee's that I like and that we implemented is a flat monthly fee (Like an insurance policy per se) and that covers no tenant placement fee, no maintenance up-charge, no lease renewal fee, no eviction up charge.Makes the fee structure "cleaner" and easier to understand as PM's usually have a lot of hidden junk fee's, etc...Thanks and much success

It’s always a quick 2-3 minute phone call but it gets his day going where I need him working so it can be very important if something came up during the night.

After going through the entire process to try and obtain a DSCR loan we were denied at the last minute.   

at least a couple times per week.

And their onboarding fee is minimal ($200-$500) and becomes fully refundable if you end up hiring someone from their vendor marketplace.

I suggest you get in touch with a few and ask for their 30 minute demos.  

They charge you fees up front.