Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

I took  a look at iDisclose, impressive software, thanks for the link :). 

However, we had a pipeline going from years already syndicating as well as investors.The hard costs of getting up and running were about $5000 for the software/site development and $10,000 legal fees for PPM, Operating Agreements, Investor Subscriptions, SEC Reg D filings, and 10 state filings, and general legal consultation as to best way to set up operations and or compliance issues.

Redid the bathrooms to include 1 piece toilets, quartz counters, LED mirrors, rain shower heads in both bathrooms, body sprayers in the master bath.Given the area of Del Cerro, we used high end finishes throughout.

Can anyone please recommend good property management software?

In other words, there have been a lot of expenses associated with the typical process of buying a property (mileage, legal fees for LLC formation, property management software, etc.). 

I'm thinking also the possibility of leaks in the roof or walls from rain.

Read quite a bit too and feel a lot better now and believe I want to jump in the real estate wholesale niche to begin with and then gradually based on the experience & the type of deals I obtain, transition into fix & flip.But before I do that, I am a guy who likes to be prepared, have a strong business plan in place, processes in place, growth processes, manuals ready on what needs to be done and how etc etc...I would like to find out about what are the different software's out there which you pro's are using?

Life is not always fair and when it rains, it pours.

Can someone recommend some helpful but user-friendly software that will help me calculate the important financial metrics (e.g., leveraged IRR, unleveraged IRR, cash on cash, etc.) that I would need to know in buying small apartment properties (15 units at a time, for example).