Understanding your top priorities can help in determining whether Stessa, Baselane, or another tool might best fit your needs.If you're comfortable with apartments.co for rent collection but want higher yields on your cash (this is me reading between the lines) you could have the transfers go into a high yield business account like BlueVine 1.5% interest or something like CapitalOne 3.9%.

I am expecting a day of reckoning for this model in the coming years when an LP decides to file a lawsuit based on misrepresentation which traces back to the teaching techniques of the coach/mentors who are essentially offering pay for Co-GP title courses where the students are taught they can use their GP title to raise money.

How do others manage to create positive cash flow from MF properties with debt?

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.

We also use Rental Guardian and add the charge to each booking so essentially the guest is paying for their own damage insurance.

Essentially giving them 30 days to vacate (assuming you can do that in your area).

Are there any other real estate investing books that the forums would consider essential to a first time investor?  

From 2nd Mortgages to 1st MortgagesWhen I started, PPR was buying primarily 2nd mortgages. 2nd mortgages is essentially loss mitigation (helping the borrower get back on track and stay in their home).

If you're looking for cash flow you can easily make $300/mo net on a single family property in a better neighborhood/condition.

I use that cash to scale up and buy more cash flowing houses with zero $ out of pocket.