I included stats on percent unleveraged purchases and that many of those fairly low percent cash purchases in fact use unseen leverage HML, private lending, etc and some are short term cash holds such as a flip or a brrrr that gets financed not long after purchase.  

@Jerry ZigounakisIs the proposed entity supposed to hold title to the real properties? 

Then the seller is holding a note for 5 years.

So the whole idea that $109mnth is some "big incentive" to do nothing is just FAKE-NEWS.

I’d hold the PM accountable for poor oversight—they should’ve been more proactive.That said, it’s also important to weigh the long-term relationship with your PM.

Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

Occasionally through binoculars you may catch a glimpse of someone sitting on a porch, sipping a glass of mint julep, holding the glass with a white gloved hand with the pinky finger sticking up.

So let me see if I can contribute anything that might help you....First, I would ask yourself if you want to hold a rental property in Seattle...? 

I have no idea where to start, as there are so many resources online.Any other ideas that are beginner friendly are welcomed too. 

Yes its a very bad idea.