I was told by a lender that it is possible to qualify for first-time homebuyer grants/assistance due to him still be a FTHM and still using my income to assist with the home purchase.

If you are managing one property, I would just create an excel file.Expenses will be linens, advertising, and all of the usual office expenses.No need for any software with one property.GOOD LUCK! 

They assist with getting the listings on to various real estate websites and have tenant screening tools. 

I would retract the document (hopefully you are using an e-sign technology to make it simpler) and create a month to month lease option with $x increase.

@Lucy YenA calculated strategy to creating wealth and cash flow is required in real estate investing.

Hi @Nico Cruz, if you are looking to have more success with scheduling showings, identifying the right properties and actually going under contract when the time comes, I recommend working with a buyer's agent that is investor focused that can assist you in doing so.

The wholesaler and I can create a partnership so the wholesaler will get 4k at closing and the remainder can be used as a contribution into the partnership.

The east side of the state might be a better choice if you must.

All of those choices I would think are excellent.   

But if you have commercial type loans, you may not have much of a choice and HELOCs do not count when you are under audit.