Your main goal as a top producer will be performing the activities that get you pending deals and listings. 

Thus the law of DIMINISHING RETURNSUnless you're an experienced pro and/or a large MHC owner/s I'd be very careful about taking on such a large task on my own.

@Caleb Heimsoth You can use what is called the 50% to run a preliminary estimate of expenses on potential rental purchases.Ex; House rents for $950 assume that you will need to spend $475 to operate said property every month.This is of course just an estimate as there is always an unlimited number of variables at play which will cause your property to perform better or worse than any pro forma at any given point in time.

Each strategy may demand the use of a few different metrics (cashflow, cash on cash, cap), but generally speaking there's a pretty short list of metrics that are used to perform a basic analysis of most residential properties, whether it's a SFR or a 250 unit apartment community.  

Assuming that’s a performing $35K note you have 80% chance it will pay off early.

Your description doesn't sound like a place that needs a full time manager so unless they are performing other services that cost is way out of line and I find it hard to believe an association can remain solvent giving up 33% to a pm. 8% for reserves is actually pretty low in most cases.

Passco by their As investors in Passco's "The Shelby" DST we are VERY unhappy with the return on the investment and the excuses for this performance.

As such, it really depends on the individual investor and the specific market they are operating in as to what strategy will perform the best.

I would recommend Brandon Turner's book "Investing in Real Estate With No and Low Money Down" Your biggest tasks right now need to be to learn as much as you can through research, reading, networking, bigger pockets, etc  and getting your personal finances in line in order to be able to start saving for a down payment.

Do they perform property inspections?