The other areas are good except point breeze, you would be too late to the game to make any money down there, shells are selling for way too much to make a flip or a BRRR worth it.

I would love to get into the rental game in my city, but don't have anywhere near the capital at the moment!

Im still going through my 90 hour online class to get my real estate license.

Some precautions to consider:- Make sure the person who is the borrower of the underlying bank mortgage fully understands the implications  of a wrap, as well as the buyer- Consider a 5 or 10yr balloon note (vs. 30yr fixed) if you are worried that the seller may have 2nd thoughts down the road- Buyers should need to bring a significant down payment to the deal so that they have skin in the game- If your state allows a Deed of Trust for the wrap note, I suggest using that document (vs. a Mortgage) as it will put a lien on the house allow the Seller to pursue a non-judicial foreclosure if the buyer does not perform.- The home insurance after the sale (the new owner is the "insured") should retain the name of the previous owner(payor of the bank note) on the insurance as "additional insured" so as to not set off any alarms with the bank.- Use a 3rd party loan servicing company to collect all mortgage and escrow payments and make all appropriate payments to the bank lender as well as seller finance lender.   

Listing, applications/screening, leases, online rent collection, and maintenance tracking? 

Reading online reviews of Shaw, LifeProof, and Stainmaster all seem decent quality.

I found a template online for excel that I use to record my income and expenses and it has a section to track mileage and multiplies your mileage by whatever the allowable rate is for business travel ($0.535 cents last year).

For those of you who have been in the game awhile, what did you do to succeed THROUGH previous market recessions?

I read online that they primarily look at DSCR and operating income.

They have more skin in the game then you do.Make sure you get clear title.