Quote from @Noah Laker: I'm a local broker and investor, and manage 100+ Airbnb properties for clients.

I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

TYI still know property managers who swear by them.

Use a buyer's agent that knows the market, contracts, negotiations, etc.If you really want to learn about investing, get a job in property management. 

We recently started a Co-Hosting business and are managing for one other person.

If you are unsure, to start, hire a property manager and don't let the tenants know you are the owner. 

How much are you having to pay the management companies?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'm looking for a spreadsheet or tool to use an example to log and track hours spent on real estate Managment.