My goal is to let rent fully cover my monthly loan payment and generates couple hundred positive cash flow every month.I am considering to buy a house around 200k with some mild renovation need to be done.

I'm looking for loan service recommendations.

I would leverage the property with a 60% loan to value loan.

They are the ones that know how to write up loan docs for private loans. 

With 5% down conventional loans and FHA loans, buying a property with two or three units can cost less than $30k out of pocket.

They have been late twice last year (2016)  for the months of April and June, due to his layoff and I agreed to somewhat modify their loan, so these two are added to the end of the 15 year term.  

Hi Bryant,So what did you finally settle to evaluate valuations of property management companies?

10% second home loan though Northpointe Bank - Jeff Chisum & team.

Take a loan out to do your project, use your bank investments as collateral.  

Currently, they are posting to the loan liability account only: From the loan account > draw bank account as a transfer in QBO.TIA!