We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I do not like this as obviously if a business account is only accumulating rent from 1 property, it wouldn't accrue the cash in each as quickly as it would if all of the rents were funneled into one account.. and it makes paying the bills a bit of a pain on each of the properties as I am having things done to the properties, lawn care, etc.. constantly has me making owner investment deposits into each to cover initial expenses associated with the properties.. etc. 

We spent an equal amount remodeling the main house and that included a new roof! 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

You must have money to service the debt on the property you do have, and to cover emergencies.  

It wouldn't cover your mortgage, but you could add in your rent payment and then build equity.Here's some information to get you started.1.

This may be covered under the loan contingency, but I'd put it in as extra. 

I do have sufficient cash of our own in our bank accounts to show we could cover the mortgage for ~6 months if it was unrented.  

As example, to cover how much of the proposed rental income from departing will be credited against those mortgage payments.

roof replacement, all new floors, new finish plumbing, interior cosmetics, appliances, fixtures, and just knowing the area of town What was the outcome?