Sounds like such a cover up.

I'd direct you to this posting, which seems to cover the same type of question: Having a real estate agent VS being your own real estate agent?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Vacasa seems like they cover everything which is great for hands off owners, but they charge an arm and a leg.

One that I don't think has really been covered is that most people are going to buy and/or sell a house, at most, perhaps 3 or 4 times in their lives.

The income (rent minus management) should cover the costs (principle, interest, taxes, and insurance) depending on the property's price point. 

Otherwise get a glass or plexiglass cover made for the top because not everyone will use coasters.

The terms you are looking to offer definitely appear reasonable and you should be able to get these offered out under a white label or table funding (maybe not all those terms at once, but likely covered through different options/programs, even with one lender)

If you use a property manager, you'll need at least 50 rentals to cover the additional expenses.

This is because they didn’t budget properly and rent wasn’t high enough to cover actual expenses (repairs and maintenance, cap ex, vacancy and loss, tenant damage and turnovers, etc don’t expect to have any money left over after all of these expenses are accounted for if the rent is less than $1,500/month).