They have high loan amounts and a very long draw period and long pay back period.

I highly recommend you paint the doors and trim.

There is high demand for rental properties so as a result rent growth is strong.

I want to know what cash on cash return means, and all that other jargon I hear tossed about.I guess I will have to learn how to use the calculators!

If you have an entity with an EIN, and that entity either owns the property (named on title) or constructively owns the rental, then use that.Otherwise, then SSN.Ultimately this has very little effect on the tax return, liability, etc.

Would highly appreciate any help/tips!!!

maybe some of us older guys remember when RE only appreciated a few points a year at best.... all you young bucks think these huge annual appreciation numbers are the norm - they are "not" if you cant get an annual return better than that of a t-bill or CD - run .... 

They promise returns "up to" 20% per annum.

You'd need to make sure the property is in rentable condition and that the rent will be high enough to debt to cover.

Sight unseen and going to BP for GC contacts for a F&F, that's a high level of courage!