Another is Velair property management, smaller and don't know their track record or portfolio.

Consider starting (multiple) non-profit organizations/businesses mostly for their opportunities to dump money into retirement accounts.

@Nick MorrisWorking on establishing your credibility and track record while connecting with investors.

You have $400k in new debt that you have zero track record of paying on time, so temporarily you're a higher risk.As you establish a new on time payment history over the next few months, your FICO will bump up higher than that drop, call it 75 points.

In the future, I’d like to acquire multiple cash flow properties and i am wondering how i would organize and manage the money.

I'm thinking I need to find someone to partner with who has some experience to help protect against losing somebody's investment money.For my first deal, I'm looking in the South-East and for approximately a 6-12 unit apartment to start building my reputation and track record. 

A recorded deed gives you the ownership and the existing owner is still obligated to pay the loan off but you make the payments on time and the existing mortgage service company is happy as long as your payments are always on time.

·Any entity chartered and lawfully doing business under the authority of any law of this state,another state, or the United States as a bank, savings bank, trust company, savings and loan association, or credit union, or a subsidiary of any such entity, which subsidiary is regulated by a federal banking agency and is owned and controlled by a depository institution·A consumer reporting agency that is in substantial compliance with the "Fair Credit Reporting Act"·Any political subdivision, or any governmental or other public entity, corporation, instrumentality, oragency, in or of the United States or any state·A college or university, or controlled entity of a college or university, as those terms are defined insection 1713.05 of the Revised Code·Any entity created solely for the purpose of securitizing loans secured by an interest in real estate, provide the entity does not service the loans·A Credit Union Service Organization holding a valid Letter of Exemption issued under O.R.C. 1322.05See O.R.C. 1322.04 for additional exemptions and exclusions and more details.

(Sorry James, seemed like a set-up waiting for a punchline.)A serious answer is look at the public records for the owner and then pay a skip trace service to locate a phone number.

@Aaron MoayedYou may be able to search 1st the County Assessors site for previous owner and then the County Recorders site by their name to see all the documents that have been filed including Judgments and Judgment Liens.