All of which she was doing at the previous company she worked for.I'll also have her do some administrative task like pulling leads/lists for mailings from county websites, ordering postcards, Maybe answering phone calls... haven't decided on that yet.

Some call it a cap rate, others will call in cash on cash.

They had over 20 calls for renters in the first day.

Just call around to small local banks in your area and ask to speak to the commercial lending department.  

I'd suggest calling as many as you need to in order to find the one that fits your needs. 

You will need to show a deposit and from the tenant and a signed lease agreement.If a bank has a waiting period, that isn't in Fannie or Freddie's guidelines it's called an OVERLAY.

I called a local Keller Williams agent today to help me sort all this out, find out some figures and begin the conversations.

If you really get desperate you can cold call agents and shop them to their investor clients. 

Give me a call or shoot me an email and let's schedule a time to meet.Look forward to hearing from you soon,Mark

J Scott was letting you know that there's a book available on Bigger Pockets called The Book on Flipping Houses that is not only packed with information - it also contains a template for use in putting together a contract.