I sacrifice today in order to reap the rewards in the future. 

Others recommend tools like Stessa or Buildium to track actual costs and project future expenses. 

I'd offer him his $190,000 if he will take payments at 3%, NO BALLOON, you'll make good money and get tax write offs. 

From there, I would like to consider a 1031 exchange in the future to acquire more units.My current property management company suggested that they could handle a mid sized apartment building but I would absolutely not consider them for it as I believe they have overextended themselves and communication is lacking.

We have a wide range of investors and RE professionals join us.

And when you said the management company takes a 550 credit score , all I see in your future are evictions .   

In my case I sold off appreciated properties in a location I deemed as having limited future upside, and used the proceeds to eliminate all debt on the better located prime properties I wanted to keep long term.

When finished, I re-financed and paid back all my friends and family + interest in 10 months!

Basic staging with an agent usually means they give you insight into how you should:Declutter and depersonalize by removing photos and personal itemsArrange your furniture to improve the room’s flow and make it feel biggerAdd plants, move art, or re-arrange other accessoriesFull-service staging is another option if your house needs more hands-on attention.

Speaking with a lender is a good plan, they can help you plan for the future.