Since I have a full time job, I anyway wanted to engage a management company (and also be actively involved on the value add side). 

Thank you for your replies and engagement!

Attract and engage some private lenders and you'll have more funds to do deals than you can find deals to fund.

If this is the case, he may have to release his permit before you are able to engage another GC.

Again, personal opinion on my end, but my priorities when thinking about a niche:What engages my interest the most?

I'd always seek the advice of a CPA and attorney before engaging in such matters.

@Preston Brown Assuming the property is maintained in decent condition and you are engaged or hire a property manager, a 5% vacancy rate will be plenty conservative for that type of property.

That said, United gives all its agents a 12 session training course called "Jump Start" on all aspects of being a successful real estate agent that will help you learn how to do all that.  

They will hold a "haves and wants" session where members can present deals they have and deals they want.

A lot of that depends on how many and what types of assets you currently have and what types of business they are engaged in.So, your current advisers are in the best position to answer this question.