For “regular” lease option deals, where I’m assuming investors put 20% down, does the investor intend to collect an option consideration that covers his original down payment?

Agree on not buying a coin operated washer and dryer, the ROI of collecting the coins vs. the rent you charge just does not make sense.

They will be able to pull out all of their invested capital and still collect cash flow on the property, i.e.

It's turning out to be a sweet situation as we are doing major renovation work while she is gone and still collecting rent! 

The 50% Rule says that you will only keep 50% of the rent you collect on an average rental after paying for vacancy, management, taxes, insurance, and maintenance.

http://codes.ohio.gov/orc/5321...Will the courts view the collection of the last month's rent as an additional security deposit that requires the payment of interest?

Anyhow I think I have found my "guy" however he has never actually collected rents into his account then dispersed payments for owners, his situations were to have the money go directly into the owners account via online payments or they are his properties and collects rents for himself, this market is slightly different and I have a hard time getting people signed up online and with the amount of units I think it is a better idea for him to collect rent into his account then disperse. 

I think prop mgmt software really depends on how many units you have, how many features you'd like (expense tracking, chat, just rent collection, accounting, maintenance requests, etc), and whether or not you want to pay for the software.For me, I was looking for something that supported multiple users (so my husband mom and I can all manage the rentals together), had chat built into it (again because my family co-manages it's a lot easier to keep everyone on one page here), and also had payments for rent and reimbursements.

@Tom Campbell I use a system called roi muse, I have put in the offer price financing terms and expenses on based on what seller has told me and other collected data.

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).