A PM of worth at let's say yr7, has done hundred upon hundreds of listings, and dealt with a range of properties and tenant situations most transactional agents will never experience in their entire life time.

They will also have some sort of limitation in the contract as to how much they guarantee to redeem fund wide and perhaps at the investor level as well. 

Fortunately I was able to add a 30” model...so I got to spend $400 on a nice whirlpool stainless gas range that looks decent too!

Are you thinking this new cycle of higher rates is at its peak and we are going to head back to the 3%-4% range?

The special allowance for active real estate losses is up to $25,000 in otherwise disallowed (passive) losses, and the modified adjusted gross income (MAGI) phase out range is $100,000-$150,000.

Rates for STR management typically range from 20-30% of revenue, depending on the level of service and market demand

That seems to vary widely from state to state.

I've only done 6 new construction builds ( ADU's ) ranging from 500-1200 but all seperate properties.There are also two other 0.48 acre lots (that were never merged together) adjacent to the current large lot of 3-ish acres to make this a total of 8- 0.48 acre lots when/if these do get reverted to their original size. 

The course/mentorship programs range from $18,000 to $35,000.

If we assume expenses are around 35-40% of the gross rents, NOI could be around the $30k-$35k range.