Elise, I am from NJ and my properties are in PA, my PM has never charged that. 1099-MISC is for sub contractor when you pay them, as a PM you are not paying owners because we own the property, we pay you and if anything we should be sending that to the PM, but you should be professional enough to report your income, that income for you is subject to SE tax which you would have to pay. if you are going to charge your customers to cover that cost on top of your normal rate you charge, you may not get any business.

@Gui Qiu,  You will definitely need an experienced professional to set this up.1) Property owned via foreign Corp : 2) Property owned via foreign Corp via US corp: Both of this will avoid estate and gift tax. 

I have a 20 unit that is professionally managed, and they charge us 5% of the monthly gross, 1/2 months lease up fees and a lease renewal of $100.

Be patient and seek for a deal that pencils.

I know what real estate is otherwise I wouldn't be on this site, I'm happily with someone and we plan to get married, I just wanted to give a bit of relief in such a professional  environment but I'll think twice next time.

These are professionals with additional training and a stricter code of ethics.

While I don't have a lot of concrete achievements I can point to (due to only being 17) I scored a 32 on the ACT, and have been able to refine my networking abilities through myriad professional development events in my community over the last two years.I've been reading and consuming as much as I can from Bigger Pockets for years.

The vast majority of private Landlords have no clue what they're doing whereas a professional knows the law, can spot red flags, and can find you a quality renter.

These are professionals with additional training and a stricter code of ethics.

This confuses me, I can tell from a basic layman way that something doesn't "look right" and should be repaired, but how do I know these costs professionally?