I bought 8 properties through REI and then bought one on my own in an area REI manages (so 9 total that REI property manages).

You need to know how to manage risk. 

Kirk Hey Kirk, nope we are property managers.

Also, I put stock in the fact that I can manage things well and that I try to operate above reproach.

Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.

@Sebastian NadalI've used Zillow Rental Manager to screen my tenants and have found it effective.

One of my friend happens to be a RE agent, landlord and a property manager himself and he seems to feel that as long as she pays rent on time and does not create nuisance, not to worry much and just keep do a quarterly property inspection.

They all cash flow and are easy to manage (so far).

I also have separate damage protection from my channel manager (OR), but you can get it from Waivo and some others. ive just heard too many horror stories and i bake the price of coverage into my rental costs.

I've been doing revenue management for over 10 years now (hotels and STRs).