@Aaron Moayed, You probably bought a crap property in a crap hood and dont understand why it's costing you to get someone to PM it.If I were you I'd PM the property myself and SAVE.  

They decided to buy a home together so now they’re selling the 2 homes.They want $99k for the 2 homes combined.

Usually closer to 15% when combined with CapEx.Insurance is very high.

What are the rules.on forclosure.by owner financing.Whats predatory lending..according to my contract i was charged..15000 + on escrow...for the loan .7500 for loan offocer.and bunch of other crap...my question is ..if im getting owner financing and it was esysblished from the beginnning.why even do escrow...and all those fines.all this time i was sendind cash to owners..not an institution.no bank ever sent me a late notice..or anything one day.

As far as CapEx, 15% combined with repairs is pretty good, I think.

Now it's not a guarantee that your property will ever be worth a million dollars but If you combine this with a good paying job and a retirement plan that's diverse, you'll be ahead of the game. 

Those two things, combined with the increased tendency from buyers to waive the home inspection puts me at a huge disadvantage so just trying to find an edge somewhere. 

@Monique Stewart of all the markets that you mentioned, personally, I think Kansas City has the best combination of cash flow and strong economic and demographic trends.

I have learned so much from the community on BP combined with what I already knew about RE but thats just me as an individual, self taught.

In one case dog had destroyed the carpet but it was Fannie Mae rehab crap anyway,  we just ate the cost of a new carpet.