We have used this strategy several times for folks in your precise situation. 

You can enter a chart of accounts, and then enter payments and charges for any category you like, including recurring payments and such.  

.- Population charts, avg wage, and days on market of different properties.- Are most neighbors renters or owners?

I can predict the trend just by looking this chart.

The managing partners making the daily operational decisions and the limited partners typically having no say so, only funding the deal.If the 2 or 3 partners are equal (or at minimum, all have operational input status, then a simple LLC with an operating agreement (herein after "OA") outlining each party's duties and responsibilities, as well as the OA stating the precise amount of each partner's financial contribution and associated shares of the entity.

Be sure you follow through with that, and that you remain in contact with the collection agency/attorney that is chasing them.3) 600 score is not much, please review the chart below which gives you the odds of a delinquency within 24 months.

@David Roberson - Precisely.  

Most Underwriters have a chart with the percentage of expense to hit the particular type of business.

Eventually everyone got comfortable with each other, and we created a chore chart of regulated home duties to keep clean, and a general rule for cleaning your own dishes and picking up after yourself.

I'm thinking with 5-10 of us, we could make it worth their time and we'd walk away with new contacts.I'll also post this on the Lehigh Valley REI Facebook group I've joined, but I wanted to start with BP forums as the contributions here have been off the charts valuable to me.If you're interested, please post a reply in this thread.Thanks for considering!