As the project manager, I learned a tremendous amount throughout the process.

I highly suggest getting your feet wet in your local market if possible if you plan to rehab or manage the property yourself.

I currently work with investors who are looking to invest SFH/LTR that are turn-key ready and manage for them on the back end, so I see a lot of benefits in that market across the board. 

I'm a Managing Partner at a company that facilitates Full-scale flipping, lending, development, and portfolio acquisition. 

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

At the time QB was not the best for property management.

It's best to have a house manager.

If you are unsure, to start, hire a property manager and don't let the tenants know you are the owner. 

My top recommendation is to begin by contacting property management companies in each target area.

Quote from @Geoffrey Paugam: I suspect there are many managers there, but maybe not any good ones?