@Chris Berg the loan position information in PropertyRadar is based on computer models, and while it is a great starting point it should not be relied on for purchasing at auction, as per the disclaimer in the software.

I don't have any software now other than quick books. 

There's also several different software programs you can buy that allows you to design landscaping.

There are a number of qualifications we look for in an applicant such as: Leadership or Managerial ExperienceHospitality/Food/Retail ExperienceInvolvement in the local communityCustomer Service ExperienceFinancial StabilityPassion for the brandProven track record of successBusiness SavvyTwo Partners**Please note Tim Hortons franchises only to individuals who will be hands-on operators, not to corporations or passive investors.

I guess the 2% rule would be applicable here.  

We have numerous applicants, none of which are knights in shinning armor.

In order to be successful at managing properties you need a lot of property manager experience and hundreds of properties to justify the staff, software and processes.

In addition to the expenses you mentioned, (mortgage, vacancy, repairs) consider:Property taxesRental income tax (if applicable in your area)Utility bills (unless tenant pays)Property management (unless you'll do it yourself)HOA fees Advertising (when vacant)Best of luck to you!

It might also have an application for a  land trust format that might be useful.What ever you do, run it by a lawyer.

Also verify that the address on the credit report line up with the address on their application.