The partner that is managing the rentals will be paid 7-10% of rents each month, much like a hired Property Manager. 

These  internet paid lead generation is a numbering game.

I am also seeking to fund it with a HELOC.Sorry for what might be a dumb question: Once I run the numbers on paying the HELOC back, the cash flow doesn't seem to start until the HELOC is paid back (in 5 or 10 years), is this the normal procedure?

Some landlords realize this puts extra money in their pocket and are fine with it.However, once a tenant has not paid the rent by mid month, it's hard for them to get back on track because the next month's rent will soon be due as well.

How do you know or calculate how much money you'll be paid at a later date?

My real estate agent doesn't seem to know who pays the utilities so I assumed I paid everything but gas and electric because that's common in ABQ. 

It’s a paid membership but I don’t mind sharing.

He knew that I always paid cash, bought as/is, and was ready for a deal.

@Marina Flu, since you paid cash for the property, ask some local lenders about delayed refinancing programs. 

The issue at hand is I have paid thousands to an attorney, had to leave work twice and be at court, not to mention that they still bought 30 days of extra free rent to do this. 99% percent of the time the people I screen are wonderful.