Quote from @Denise Supplee: You’re running into a very normal “good problem” your deal quality is strong, but conventional financing is now the bottleneck.

Your volume will be much higher, but the trade-off is a normal 9-5 salary with .30-.50 bps in compensation per file closed.

Michael,I've actually considered doing it myself for tax purposes but, I'm also considering paying someone at least until my day job is more predictable as far as the time I must dedicate outside of normal business hours to be successful.It might be a good compromise to do the managing myself but, finding a cleaning crew to assist with turnover. 

If you are doing business in Philadelphia, you normally have to file the NPT(Net Profits Tax) and BIRT(Business Income and Receipts Tax).Do you own the property personally in your own name?

Rates are at the lowest point they have been the last 3 years and even slightly below what is considered historical normal. 2.75% was NOT normal.Time to market is huge, not only it cuts your holding cost, but also your opportunity cost.

Normally, a procrastinator has someone who can help make the decision with them.

I worry that reporting a $550k loss - when I normally report about $750k in W2 income from my day job - will be a major red flag to the IRS. 

With the click of a button the system will broadcast our listing to Zillow, and about 20 other smaller websites.  

In my case, management fees and/or vendor payments are withdrawn by mid-month but they refuse releasing funds until the very last day.Is that practice normal?

As stated above, there is normally a direct correlation with home sales and rental pricing.