There are way to many PM's not getting properties rented and they are staying vacant, there is also way to many rentals being rented less than market rent to get a "quick tenant" causing investors to lose money, you will also need that PM to be completely productive and quick to the applicants and also not trying to incentivize off of your property needing repairs.

Do i need to be licensed in the state where the real estate is located for the mortgage one is buying?

Can anyone recommend a good skip tracing companies I am trying to locate two tenants that I had evicted. 

You may be able to go up to 80-85% financing if the rent schedule can support the loan.  

Where are you located by the way?

I was hoping to get some clarity on the rent collection functionality of the stessa/rentredi platform, versus hiring a property management company.

I am currently located in Lafayette, Indiana.

I would also explore the different rental strategies- long-term, medium-term, short-term, or rent-by-the-room.

Property is located in Gadsden County, Florida.

I would also like to know more about the address to see if you are buying something that is overpriced in a low rent area