Okay, I've researched, researched researched ,spoke with loan specialists etc. and I'm on the right path to get started, but felt it would be wise to ask the BP community of their experience in hopes to be gifted with their knowledge so that I can better correlate between research and human endeavor.So I DO NOT earn 6 figures and therefore I've lived well below my means to save everything I do earn to begin my buy and hold path. 

Fees for the loan, appraisal, etc are deducted over the life of the note, in my case that is 15 years.

I used this for when I looked here in Chicago and Found an attorney that makes my life 10x easier with communication with the title company, receiving documents and forwarding documents plus all the emails they handle.

Honestly, this is a friend I would trust with my money and my life (have known him since early childhood), but I still feel I should have my own lawyer look over the details of the note before signing anything.

By the time you pay fees and such you don't come out ahead unless you do hold it the life of the loan. 

Given this, I now have real life numbers , and can now look at what my best options will be 6 months from now ( in June of 2016 ) , to continue my pursuit in purchasing Rental Properties.Here are the stats on the Property I just had appraised / will be closing on in 2 weeks .Purchase Price is $68,000  ( includes my all in cost ... repairs, closing, down payment, etc. )The Appraisal come back on the property for $108,000 This gives the property $40,000 in EquityThis will be an Owner Occupied property ( Primary Residence )My goal with this property, is to Hold on to it Long term, and use it as a Rental property in a year or so from now But my short term goal ( what I am wanting to do ) is to do a Cash-Out refi. at a LTV of 80%   (  or roughly $21,000 that I could pull out in the form of cash ).... 

What I see people say on here, and what I've observed in my personal life, is that PM companies are highly variable.Same thing with realtors, if you're gonna sell at retail.Are you comfortable with the legal aspects of working in a different state from your home?

I have been raised around real estate investing my entire life and saw no greater option than to pursue it myself.

I currently live in Atlanta/Dunwoody and I look forward to changing my family's life and my current life style through Real Estate Entrepreneurship. 

My goal is to eventually not need w2 income to sustain my way of life.