Happy to connect @Gil Levy!

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

In my view an STR that does not project far over a 1% rent to cost ratio is going to bleed cash in our market.  

I have just over $200K left of owner-financing, but I'd like to obtain a cash-out mortgage/loan of $500K (ideally) to be able to pay off the previous owner and make some repairs, etc. 

They are still a risk, and I would not rent to them.

Happy to help however I can!

Add to that when you put <20% down, you're going to have PMI on top of the regular mortgage payments.

I'm curious as well and would love to see what you figure. 

To do that, I was intending to sell some stock (75k to completely pay of home 1). 

Many Loan Officers like to BS to get a client in the door.