As you scale, there are software tools, but right now that shouldn't be your primary concern.Another option is you can self manage, but use a PM for leasing.

The downside of course is that you cannot take advantage of the lower down payment option.

Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they will have better options to refinance or sell.

I know cash is "king", but for me I would be the option #2.

I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.

It seems like there are paid services that will give you interior design to set up an str, buy new furniture, ship it and install it. 

I was very happy to close up shop, sell all of the furniture, take my car back and renovate the house to place a nice family in the house.

I just received a letter stating that the only option they would offer me is a short-sale and that I was not eligible for a forbearance since I indicated I was interested in selling the home. 

Repair and replace might be the most affordable option.

ThanksAs many others have said, you have multiple options!