Being in the military and having to move for the second time, I was essentially forced to use a property management (PM) company.

I find it atrocious and unethical that Realtors essentially force buyer and sellers to use a contract 1/4 of agents don't even understand.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.To find out about an area go to IREM.org search for ARM certified property managers.

But I would not go crazy & start trying to do everything on their "honey do" list.Every Time I have inherited tenants they always come at the new landlord with "honey do" lists as long as my arm.

What drives me is that I grew up in  a home that we were forced out of, and I want to help people not get forced out of their homes and make a buck while doing so. 

I find that this helps you organize your own thoughts.  3) You will be forced to think about what your customers want to read.  

Armed with those pieces of information call the landlords and see if they have any interest in selling.

With a commercial loan you might get 15 year fixed, but you may also have to deal with balloons or ARMS.  

Armed with those basic tools, you can begin looking at real estate prospects in the market your interested in to best position yourself down the road. 

What are the terms of the note (fixed, ARM, etc)?