There's nothing wrong with considering them along with other options, but I would be careful thinking they will get you more bang for your buck or a more honest operator.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Or what programs can anyone suggest that would be best for this scenario.

or, you were going to put down 25% and finance 75%?   

He can fight the seller to still buy the property but you are out of the deal and want your money whether he signs cancellation or takes it from his pocket.Key thing is focus on your agreement / contract and your rights.

I’d be happy to help or lend expertise where I can.

We will probably pivot one or both to be long term rentals.

I'm looking for a spreadsheet or tool to use an example to log and track hours spent on real estate Managment.

I would suggest looking at commercial banks or credit unions in the area to see if this is available. 

Feel free to reach out if you ever have any questions or just want to chat. 

Hello - Can someone recommend a good real estate attorney, specifically one that specializes or has experience in evictions in the Cook County IL area, it would be much appreciated.