All of my assumptions were based on that 2 unit residential and are fairly accurate between rental rate and ARV. 

You will get a more accurate response if you provide all the details in your post such as1.

Quote from @Michael Smythe: @Steve K.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

It sounds like a solid deal, but there’s much more to consider before taking on significant debt.Here’s my advice for anyone new to real estate investing, especially young investors:Properly Vet the Deal: Ensure the numbers are accurate.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

But, be warned, GPs - if you threaten your LPs for posting generally accurate negative stuff about you on BiggerPockets, we will make a public example of you for all to see.Hi Scott, thanks for starting this thread.

Depending on their financing scheme , most of them needs debt restructurization after year 4 or 5 which means LP losing money.everyone buying with sub cap 4 , they have to exit , banks want the money , they want exit with cap 4.5 ; buyer like us is asking for 5 cap.The only way they can survive is by the fed cutting rate next year or there is massive debt refinancing deals given by the banksThat's not correct at all, I get where your coming from and for the "novices" it's almost certainly true, but not remotely accurate for the professional, proficient syndicators. 

A lot of the data you are looking at in terms of what homes rent for down here are not accurate btw.

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 

I personally recommend working with a CPA who prioritizes integrity and accurate tax return filings, so that if you're ever audited, you won’t face back taxes, penalties, or interest.