I know it's a loaded question, but thanks in advance.

We have begun bringing rents in line with the market and are expect nearly 20% reduction in operating expenses.

I am a “Licensed Reactor Operator” Licensed by the Nuclear Regulatory Commission.

If that is what you are talking about then I would say no, that 5% is not used for holding fees. 5% is to cover the the vacancy rate of a fully operational property. 

This real estate license governs the way PMs operate and account for funds. 

I am from San Diego and went the "other" way and spent a $*%&^load of money to not learn much other than be in credit card debt and that there are SO many other ways to learn. 

If you don't operate your LLC properly, you could lose all the benefits it provides.I own 20 units in my personal name.

Definitely keep me posted on details please :)I operate a property management company in Indianapolis called Intrigue Indy.

I have loads of questions and a huge desire to learn from whomever I can.If you've stuck with me this far I thank you for your interest, and I invite anyone in all walks of this journey to drop me a line. 

Your properties will only be as good as your PM and their operations no matter what rent they collect.