My expection is at that rent point, all inclusive Pm would be at least 10%. 

. - Expect buyer competition.

If you are new to investing we also need to spend some time somewhere, maybe 1hr to talk about your expectations and the realities of the market and see if there is correlation.Interestingly enough I think with the NAR lawsuit some expected commissions to go down. 

., overall portfolio stability or income growth).Be cautious when setting pay expectations.

@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.

It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.

I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.

Quote from @Kandice Morgenstern: Does anyone have a good lease clause to outline responsibilities and expectations during mandatory evacuations?

I make about 70k a year from my salaried job and my friend makes double that.

Instead of paying billable hours for every case, a salaried attorney could handle the same volume of work at a more predictable cost.Service Quality: I also see an opportunity to provide better service to ourselves and the owners we represent.