Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

The Panama City market has been sliding forever thus why I never recommend buying much in the city except if you want to move here (still...renting makes more sense at the moment)Investing in the city really only comes down to doing a STR business based either on leverage or co-hosting models as rents are extremely low and there is SO MANY apartments and houses that are empty, doing nothing for 2 or more years.

After seeing my borrowers numbers, the cashflow is extremely good.2) Yes!

I think you have found a way that works, but if holding that debt is extremely expensive it may not be worth it. 

One disadvantage of mini-splits is their inability to work effectively at extreme low temps, which we are bound to get a handful of times in Chicago.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I believe when you add a 3rd unit they do some extreme things like require you to add fire sprinklers throughout the property which is prohibitively expensive.

Using our own cash we bought this at a extremely discounted price.  

I am extremely hard working and will do whatever it takes.

The contract he signed with them was extremely pro seller, and I think he figured he would eventually foreclose/evict them and we would never know.The guy was a joke, fraud charges were filed by the DA on him, but going after him for any money would have been a waste of time.