They do everything for you (payments, taxes, insurance coverage) - the website and app are easy and functional and you can vet your guests!

If you haven't got keys, evict for non-payment as its the easiest Eviction.

I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices. 

Annual fee of $1,000, no other payment options. 

Quote from @Harita Konjeti: Tenant has not paid entire rent for first month, do I have any other options other than charging late payment? 

The key factor is the amount paid and the nature of the payment, not the payment method.

32k or even 42k on a half million dollar house doesn't sound all that good.What's your projected cash flow after all your expenses including a likely higher mortgage payment than the current owners?

However, if you have a score over 720 and good cash flow, a bank loan could be an option with a lower interest rate and hopefully lower monthly payment.

Hence a win win, I'm thinking, finance, we can make the payment with $10K down, $400 mthly with dealer financing.

its kind of a trade off because i can get a newer property at a higher price and down payment, or get something older, less down and then use that money to fix what i need to fix.