Quote from @Max Smetiouk: Quote from @John Malone: @Ryan Leake Id agree with others, it is not a loophole, rather, the correct application of the law.

I agree.

Quote from @Shivani Kumar: I have to agree with Jonathan.

I like @Tim Ryan's response best. 100% agreed!

At that point, it's worth researching and finding a solution that better meets your needs.I agree with @Nathan Gesner that property management software can sometimes be overkill at first and that you likely don't need to use a full blown software at first until you get more units. 

. - Agreed, sounds like you don't have the time to properly vet candidates.

I do agree going local is a good move, just run the numbers on the scenarios. 

Which bank in Cleveland is easier to work with and our of country investor friendly.Thanks Not certain what you are asking.

I have already talked to a private lender of mine that tentatively agreed to lend on the deal.

@Ginger Vaadi I would agree the 50% rule probably more accurate over time.