Personally, I think it would be a disaster to quit your job until you have a proven track record of success and income stream from flipping.

It sends out electronic and legally binding contracts to the contractor and allows you to set a time limit and track the progress 4.  

We are all here to learn, and leveraging other’s experiences is a great way to fast track that learning process.

Just learningThey are being transparent but would have more comfort of mind seeing the track record

I am looking for property management software that would track incoming rents and automatically deduct his commission per rent payment so that he knows exactly what my payout would be each month.  50 units spread over 16 properties. 

Personally, I like to watch inventory over the 200k mark because I think it's a very healthy way to track the market.

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.

From the time Hawaii was identified as a strong possibility I began market research ( I did live in Hawaii for four years prior so it is not a completely new area for me), educating myself on marketing, building a real estate business, generating leads, the top brokers and agents in the area, successful business models and was to track leads.

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).

Crowdfunding gives more control and transparency and may be easier to track how the individual properties are performing.