Our family has used Rent Manager for PM for 20+ years.

Once that amount is adjusted you'll have a loan payment updated based off of the rate and terms of the loan. 2) In you long-term expense estimates I don't see any assumptions for property management (7-10%), repairs/maintenance (7-10%), and vacancy (5%) so I would re-run your estimates based off of new expenses.

This is potentially going to be my first deal so I apologies in advance if my info and idea isn't as succinct as it could be.My wife's family is in Louisiana and looking to sell 6 rental homes as they are moving out of town and do not want to keep them as they were self managing.

Maybe go to work for a Property Management company. 

I'm self-managing.

I'd suggest you also contact local property management companies as they may know people who are looking to buy places.

I'm not nervous the be honest, I'm use to the construction aspect, my idea on the rehab was to document procedures for the future project, I will not offer internet, that is clear now.Thanks again  

One advantage of seller carried mortgage or private notes is generally a reduction in income documentation.

Hello, I am evaluating an Air BnB Property Management company that I was considering acquiring in Los Angeles.

Talk to a mortgage expert and look up local property managers.