Since then we have moved out of the area and been renting it out for the past few years.We are slightly negative on cashflow, about $100 a month or so when you account for a 3rd party property management service and expected repairs etc.Our challenge here is the home is old.

I would also let them to to minimize costs incurred can we work together if I get someone who wants to look at the unit we get them access.

So if the project cost is 170k including purchase and rehab and you can get 180k value after then does not work as a fix and flip.As a rental, let's say you have a 30 year DSCr with a loan amount (180k x 80%) 144,000. 

However, I have found it tiring to manage since it is far away from my primary residence.

Hi Charlie,We can actually use the purchase price + completed rehab (Total Cost) as the value and lend you 75% of that right away.Happy to connect!

At this point, monthly interest payments had also ceased while it had been reported to us that construction had been completed.Risk MitigationOur Asset Management Team began to analyze and put into motion a risk mitigation strategy that sought to maximize the preservation of principal.

Does anyone have any feedback on SimplifyEm property management software?

Significant liability attaches to ownership as well as management.

I've used several "light" management platforms and landed on Avail (Avail.co) for the last five years or so. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.