I agree that the upside here is knowing most of the mechanicals need to be redone upfront, so there should be fewer ‘surprises’ along the way.Setting aside a solid contingency fund is a must—do you have a rule of thumb for that?

And I could use additional 200K or so to fund my next investment property. 

Third party servicing company for $35/mo handle taxes, insurance, escrow, tax forms, statements etc.

However demand is very high, especially for section 8 which also doesn't pay very well because government funding is one of the lowest for Puerto Rico.

Who's name is the lease in, tenant or insurance company?

Quote from @Jules Aton: When I did a seller finance deal years ago on what would become a long term rental I bankrolled the rehab funds then re-financed when it was finished.

Quote from @Deborah Wodell: I’m looking to connect with private money lenders or investors who lend their own funds for real estate deals.

If your Realtor is anything like me, they want to spend any marketing funds where the most eyes will be. 

Some similar phone numbers and such to other short term companies that other people said were scams.

I use $2500 to pay expenses and save what's left in a fund for repairs etc...So I can count on approx 5K/month in gross income.