In fact, our property management company required the certification before they would be able to market the properties. 

Hello BP community,I am a newbie landlord and I have rented one of my units (SFH with 3 bedrooms/2 baths) to an older couple and their adult daughter.

This would be our first rental investment, so we’ve been learning a lot and I would love to hear thoughts from this community.

https://www.biggerpockets.com/blog/short-term-rental-loans-a...High Level --Conventional will typically offer lowest rates/fees but harder to qualify, especially if you are scaling and past the first couple of properties or going for the high-end of the market-2nd Home (10% Down) - should be very careful here - these are not intended for STR properties and people using them for pure investment properties are entering dangerous territory (you are attesting to use it as a rental half the year or less, no management, need to live in proximity, etc.)- DSCR Loans - typically your best bet if you don't quality (or have "outgrown") conventional or looking to scale a portfolio or diving into more specialized markets. 

I’m looking for a feedback and advice around process and tools used by owners and managers around applicant submission, tracking, analyzing and selecting.

You can also use that page to link out to agents, lenders, property managers, and tax pros who serve the area. 

Do you guys self manage or have managers in each market? 

In May of this year, I reached out to a property management company I had worked with in the past to inform them that I had a property becoming available and to request a Lease Option Only service (essentially where they find a tenant and I self-manage from there).

The first prototype will have all specified fixtures, finishes and products as My wife and I like and approve.

if the building cashflows really well ... it wouldn't be a big deal to use a loan for dp right...at 10% down for lower income housing I don't have much money and I think that this is the best way to get multi-family management experience to meet hud loan requirements in the future which Have the lowest Down payment options.Am I overthinking it?