I'm using a property management software (TurboTenant) for rental applications and screening reports, and they charge each prospective tenant $45 for this service.However, the Wisconsin State Legislature states that the landlord can only charge the actual cost of a credit report (up to $25).

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

I'm the member and manager of Skeeters Residential Renovation Services LLC 

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

I looking to invest out-of-state, primarily in rental properties, and looking to connect with local investors, agents, lenders, property managers, and contractors who want to share insights, collaborate.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

Even help with after you get your property with calls that help you manage the property manager!!

If something breaks, the management company fixes it. 

Your property management company can help once you own the property but up until then you need someone good on your side!!! 

If it's a lender that does not allow me to speak to an underwriter, see guidelines, or speak to an account manager, I will try not to work with them, unless I know the Account Executive is very experienced.