Your profession should be the source of all the private money you will need.

Source: Washington-demogrphics dot comPopulation is decreasing and the median income is slightly rising.

Out of 600 from a lead source I paid over $2,000 for I have over 300 returned for wrong address.

Buildertrend is geared towards builders, not property management so I'm not sure there's a fit but I appreciate you weighing in.The Buildium feature is still a problem with Yodlee and they are taking well over a month to address it so if anyone else is experiencing this auto-reconciliation issue, let me know here.

List source can be good for absentee owners and out of state owners.

The house is appraised at about 126k on Zillow (not sure about the credibility of this source).

Unless you have another source for cash or some collateral to borrow against, you may have to slow your plan down some.  

I can't speak much to her experience level, but I did find out later that she was actually a minor celebrity in the area and was featured on a national reality TV show (not one related to real estate, and I don't want to give away too many details).Also if it matters, I found out during the closing process (which took another 2+ months) that the people who ended up buying the house were investors.  

Passive investing is to be part of an investment team buying larger multi-family property without being the lead investor who will source, negotiate and close the deal. 

Since I have no other sources of passive income, depreciating the property during those months saves me nothing.