I know many well say Excel, but I want to see if other more experienced investors had any creative ideas??

I've run the numbers (thanks BPers and your trusty excel sheets!)

I should mention at this point that I had screened the tenants and they had excellent credit scores and rental history with no criminal record.

Also, I would like to hear (or read rather) recommendations on quality contractors and home inspectors.

.- When the unit has passed a Housing Quality Standards (HQS) inspection as required by HUD, the resident will sign the lease with the landlord and take possession.

Both are financially strong ( all of our investors are accredited) and have other relationships with the banks.There are also some smallish private equity funds that will lend at interest rates in the 8-9% range on portfolios of notes, minimum loan size starts at $1,000,000 with 60% max LTV.In both instances the lenders want to see the quality and performance of the underlying notes being used as collateral.

@Austin Works I would continue to use top quality finishes.

They have some good quality agents......Juliana Matter and Federico Guitirezz are two I can think of off the top of my head.

I did hire him to renovate my NYC coop, and found that at the end of the experiment, although I was very happy with the quality of the work, communication between us was difficult and his subs were less than forthright. 

However, you will likely meet a lot of folks that you would never run into in real life and your sphere of influence will grow. 2) Only send and accept connection requests to quality people you have an established relationship with.