Obtaining as much knowledge as I can about the markets that I'm interested in but also want to limit the amount of time wasting I'm doing with potential team members.I can see arguments for both having a realtor first or a property manager first and I'm curious to hear from OOS investors how they began initiating their out of state teams and who was more beneficial to begin working with first when you have little expertise in the market you're about to enter.Thanks in advance!

Specifically, I will be charging for tenant placement and a monthly management fee.

DO NOT let them charge termination fees or other penalties for terminating management.

Those fees charged to me.

Find out what they charge for rent for a similar sized apartment.

The property manager charges 10% of rental income.

You may discover that the new property is not as good as you initially thought after some due diligence, and then you will be happy about the deal you currently have. 

Was thinking of having the tenant pay the HOA monthly fee's and charging rent at $400 instead of $900.

My initial reaction is no.

View reportJust learning how to use the calculator.The calculator is using the initial purchase price as the driver for the mortgage.My intention would be to buy it and rehab it, so I'd want the mortgage to be driven off of the ARV number.Anyway of doing that on this calculator?