Other options out there include some of the ones already mentioned: RentReadi, Buildium, Avail, TurboTenant and Appfolio.Each come with pros and cons so its up to you to see where the priority in workflow is for you! 

Hi Ayyoub Research is the key, Conduct thorough market research to understand why the competing property is listed at a lower rent, Consider any improvements or upgrades that could enhance the appeal of your property to potential tenants, If you're unable to match the lower rental rate of the competing property, consider other incentives to attract tenants, such as offering a shorter lease term, including utilities in the rent, or providing additional amenities.Hope it helps.

After the collections I have a 640 credit score and it hasn't moved for a few months.I rented a property with a few friends for a year and after move out we were charged with over 6000 $ in B.S damages including 5k to repaint all the interior walls of the home due to a few minor marks.

Which would require you bringing ~$25k to close. your plan seems smart and based in the reality of our current economic conditions.if you would like additional info about what's available in my midwest market, including analysis of possible acquisitions, reach out to me.

(I've included what I use below).

A good Realtor should be able to explain the Closing Disclosure (including closing costs) to you line by line, but really your lender is responsible for educating you on your closing costs inc. their fees, prepaids, points, etc.

Is that just the origination fee or does that include other items?

@John Aaron I'm guessing that you might be using the 2-T (NC standard contract), which includes default language that the contract cannot be assigned.

Have bought hundreds of property at auctions, including the first property I bought (detailed in Bigger Pockets Podcast #82) and the very first thing is you have to know value. 

It probably doesn't include income from the 5th or 6th unit if it's supposed to be a loan for 4 units right?