there are deals in every market. not every area has a market though. market is defined as where houses are being bought/sold.the best DEALS are harder to find. maybe you have to examine 100-200 units to find the one gem.

It highlights the vast differences in how management companies define full-service management and the differences in seemingly identical price structures.

Define what you mean by double closing, are you trying to use the end buyer funds to close the first transaction with?  

A few questions (apologize if 'dumb')........How is earned income defined vs passive investment earning?

@Henry Montgomery III  While it's good to hear the path that others have found to work for them, I think it's more important to define your "why". 

They definately have their niche in the marketplace.

There are some jobs that should not be left to the tenant.If you don't define "fix small problems" well, you'll be opening yourself to surprises you've never imagined.

Define your goals and network, network, network.

How do you define quality? 

Like Ryan said you define your metrics, and when a deal hits those metrics you put it under contract and close.