Here are some things to consider:Most investors don't need software until they have 5-10 rentals.

There is no differential factor number, however, it will change if you are buying tenant occupied, if they are are going to be vacant at closing, if they are going to stay the full lease or you have to pay cash for keys.

They send money to title company at closing.

Hi Kim, welcome to the game.

Charge $50 to parents and grandparents to teach whatever they want to learn on iphone (or andoid). 

I am new to the field of real estate investment.

I am wanting to start real estate investing to become financially free in the future.

Purchase price: $500,000 Cash invested: $100,000 Buy and hold multi-family property initially house-hacked prior to purchasing the single family in the burbs.

I'm new to the community and excited to learn from all of you.

Quote from @Tessa Tsui: You claim to have read those articles before, but you are using the wrong terminology and asking a question that is clearly answered by the resources Russell provided.