I am brand new to the real estate industry and I want to know how I can make this possibility into a reality. so what better place to ask than bigger pockets?!  

So by the time reality set in.

The reality is that if a PM places a tenant that is sour, the PM still has no expense. 

You need to learn how others have structured and copy their proven systems.Let me slap you with a little reality check.

Always a real tough situation.... have to balance compassion and understanding with the reality of running a business.

Admittedly it is a fear factor rather than reality. 

In the absence of that being a reality, my view is to raise it gradually to get it to a more livable wage.I take a similar view on STRs. 

The fee is charged to the agents on both sides by their broker....the supposed reasoning was new refs a few years ago requiring record retention (All off Wrs are to be retained for 5 years by the broker, etc).In reality, it’s just an additional fee as brokerages are working on such small margins these days.  

You may think that your asset is performing well, but in reality you have no idea since you don’t seem to have any knowledge as to how much you pay in repairs, fees, do you even know how much interest you paid on the loan he got you?

The reality is that the inner self doubt of whether I can or can't do the job is gone.