I know there are some PMS lite solutions out there made for low unit count portfolios but honestly I used ical and excel until about 15 units. 

If you did not and it’s unsecured debt you could be out of luck on some or all of the money as depending on his situation unsecured creditors in a bk may receive pennies on the dollar depending on what he can afford and if converted to a ch 7 you would get wiped out.Even in 2nd position he could argue the property is underwater and wipe out your lien.

Be sure to take advantage of the excellent tools and networking opportunities available on this platform.

Thank you KC, These are excellent points that I'll be weighing over the next weeks as I make my final decision.

I prioritize applicants with a high income-to-rent ratio, a good to excellent credit history, and a stable employment record.

Scott is an excellent instructor and sincere in his teachings.

Just looking for the automated transaction piece so that I don't have to go back to Excel.

Now it used to be if you got a job with the government and could count on a fat pension then life could be good and with a few rentals excellent.

Feel free to DM me and ill send you the excel sheet! 

It seemed to have all the desirable characteristics - excellent location close to beach, safe gated community, all the amenities, etc.