I use the RESPtracker app.

This is especially important for when tenants go on vacation for a week and turn the heat off all the way off.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Now, seems like a simple task- take the old door off and put a new door on.

Any positive cash flow should go towards paying off debt.

Also, what is the equity in the property?

Send me a PM and I'll send you a couple of examples of what is on the market outside of Atlanta so you can run your numbers and see if that fits.

To the bank it's a good deal because there's 40% equity in the property.

Is the line of credit different from refinancing the home that is free and clear? 

There are plenty of deals in Philly on and off-market from wholesalers, who are pretty decent in Philly compared to other places.You will need to get your GC license here and learn the permitting process and necessity here as well.