We have used it in our business but I tend to agree - if it shuts down and pushes more traffic back to youtube I think it would end up being better for us. 

If so can you tell me more about your experience?

If your agreement with them is coming to an end, let them know that you will take over management of the property (or if you have another PM who that will be). 

Just curious what others are paying and how their experiences have been with their current management, thank you!

Open ended contracts, particularly verbal ones, usually end badly.

The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...

Based on my experience of running properties, even if the build were to cost you as much as $600k but you could generate $125k/year, you'd be very happy with that investment. 

In addition to conventional loans and FHA loans, if either you or your wife are veterans, the VA also has a rehab program.I'd be happy to discuss my rehab experience both as an investor and as a mortgage broker, and at least help you think through your options. 

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

Does anyone have any experience of getting into real estate this way?