While I think this would be a good deal for me, the annual return for my partner would only be about 5%, though this does not take any future sale into account. 

In my opinion real estate isn't that attractive compared to the stock market (currently) - or even your money sitting in a high yield savings account earning 5%.  

Do you know how many times we were told assistance checks were coming and they never came?

It takes in account just about everything to give you a livability score.https://www.areavibes.com/Here is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck!

I checked with the dscr calculator and it says 1.7 which is good I guess. 

A key part of your projections will be mortgage terms..check in with @Joseph Chiofalo he has a fun comparison tool and my go to lender for over two decades.

However, you may need to take that personal loan out 2-3 months ahead of time so that the loan money is received and in an account and seasoned.

Quote from @Vasudev Kirs: A free Google account gives you 5GB of storage.Most property management software includes the ability to store documents with the tenant's records. 

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

I am looking for a platform that is cost effective, but allows me to track all the essentials, give owners access, and ease of accounting.