BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

I have a property manager that is professional that runs everything and takes a 20% profit.totally worth itWhat made you interested in investing in this type of deal?

Let me address your concerns:The two late mortgage payments due to your husband's injury are understandable and not a deal-breaker for us.

Once you've got a handle on being a landlord, then you can explore out-of-state opportunities with more confidence.Whatever you decide, make sure to do thorough due diligence, run your numbers carefully, and don't rush into anything just because it seems like a good deal.

What made you interested in investing in this type of deal?

I would guess there are firms and HNW who may consider something like this, it would all depend on the overall deal though. 

Hello BP,I'm hoping someone here can provide insights on an issue I'm dealing with.

@Nicholas Jose the tenant estoppel is usually during escrow and the deal could fall through or the closing date could change before you get to closing so I'd have it be cut entirely from the letter and then just get your info/ tenant estoppel during escrow with separate documentation.

I can get a conventional loan, however, I would prefer to use a hard money lender or private lender to fund my first deal.

This directly impacts an investor’s ability to grow rental income.