I like the product but their policies drowning them down in competition.

Simple and fair.First month received that $200 and was distributed as above, Everybody happy.Second month received $200 on time and PM break down that amount and claim there is $45 late fee, and all that $45 goes to PM account.

And limit your exposure to like 25k - 35k per deal.If you draw down enough money to finance a purchase and rehab with HELOC you can be in for 150k - 200k. 

Please put your Walk-Through list down, and then ask folks to make suggestions.  

I saw people with a few investments and assumed they must have been handed down by their wealthy families.

Almost all these software have the features you'll need, so it may boil down to which feels the best for your processes and pocket book.

We have about 20% as a "down payment," but I assume that avoiding a traditional loan would be the best way to avoid extra fees and costs.Have you ever purchased a home from a family member, and if so, how did you come up with the money? 

Thanks in advance.Sell it on a Lease Option, get 10% down.

It really comes down to the type of house and type of tenant...and the latter the PM does have some control over as they are the ones placing them in the rental).My PM also 'makes' money by charging the tenants $30 a month (might have increased) which they can opt out of.

We run the number of these properties on the calc of BP and they would give us with conservative numbers on the rehab (estimating to put more than needed) and on the rents (market rent but conservative), good returns, like Cash on Cash return (CoC) between 2-6% and Cash Flow between 986 to 12000 per year, so anything from 100 month to 1000 a month, after expenses were taken, so from this cash flows only taxes are missing to be taken, with some properties needing us to put from minimum 40k to 90k down including rehabbing them.