When is used a property manager I was typically paid the 10th of the month.  

@Caryn CasarezI'm sorry, but it is impossible to determine what exactly you are asking.If the IRA receives profit from a deal, then the profits must be returned to the IRA.If the IRA is partnering with another investor, then that person will receive their profit directly from the closing process, not typically from the IRA.

If you were to jump off the deep end it would be less stressful to put it in the hands of a professional and you can bypass the learning experience.The second issues is money - it typically takes a LOT more money to buy a larger complex. 

Typically, selling in your parent's name and buying in your LLC, under audit, may result in a disqualified exchange.

Typically if they really really want your project they will figure out a way to solve this issue (think Amazon).

The current market rent and price is in the agreement above… Does one typically go higher or lower than the market rent/price on these sorts of agreements?

Is this typical?

Typically, if people don't want to list on MLS during a seller's market, it means either the property is not likely to qualify for traditional financing, which could work in your favor, or they want more than the property is actually worth and can't find an agent to agree on a listing price, which could be a major barrier- you might try to see if you can find this info out.

I typically spend up to 20% of my commissions on lead generation online and off.

I don't think you typically pay points on FHA, so that might be some upfront cash savings.Have you called other property managers to see what their opinions of the property and rents in the area are?