Reasobable terms are relative, but that's a pretty serious budget for a property valued at $55K.

Quote from @Jessie MacDonald: This is a growing complaint from tenants.

Quote from @Kristin Solbach: Quote from @JD Martin: What are you concerned with protecting? 

Is this a long term rental?  

You could use an LLC or even a land trust to structure this.

I purchased, flipped and rented out my first property this year.

Quote from @Marc Winter: After many dozens of flooring replacement jobs, I'd recommend LVP (vinyl) for most installations. 

(this is a $30M project) and does not want to use Costar or Loopnet.This seems wrong. 

I wouldn't say you're going to learn as much going through an online course as you would an in-person one, but it is a lot more convenient. 

@Dennis GallagherAs for the 50% Rule (where your expenses equal about 50% of your revenue) - I might argue that the flaw in the theory is you will walk away from many great wealth building opportunities just because it doesn’t meet the formula.