I want to get back in the game and start expanding my small portfolio of properties.

I won't sell my investment properties to an FHA insured buyer as too often the underwriters make unreasonable demands and are as arrogant as a politician...I don't wish to play their games.

I only have $40,000 to invest in the deal.There is a lot of due dilegence that still needs to be done on this deal, but I like to have a game plan in place before I start the process. 

If you don't have the cash for your skin-in-the-game, you will not find a REAL hard money lender that will put up all the funds.  

Brand new to real estate but would definitely like to get in the game.

Just wanted to know if anyone in the group has heard of the software Real Estate Property Pro.

I wrote a post about it a while back:   https://www.biggerpockets.com/forums/223/topics/161894-1-really-good-idea-for-newbies-to-get-in-the-game--its-not-wholesaling

John, this is EXACTLY why I try to discourage using an online service that intermingles with QuickBooks or any financial software anyone may have.  

Good or bad.hey leo. i'm new to the game, what would that entail exactly?

If you're buying to appreciation then you aren't investing, you're speculating; and you need an even bigger LTV spread if you're going to play that game.