But I'll add, DSCR seems to be the flavor of the moment, but terms really vary between funding sources.

It has been beneficial for me to know the areas, local players and be able to see subtle changes in neighborhood.

I like to invest in neighborhoods near my home that are close enough that I am familiar with the nuances and can watch for subtle changes.

The third quarter brought a subtle shift in the Greater Huntsville market.

I googled, read one afternoon and invented my own chart of accounts that I have used for years, with subtle changes as needed.That's excellent that you have the knowledge and experience to create the software!

They all have their own flavor though.

If you want to go active, I would have many, many conversations with other operators to get a flavor for the good, bad, the ugly about various sizes of assets and across several geographies.

Subtle touches can make a big impact.

Rent is due on the first, they have a 5-day grace period, then EVERY tenant with a past due balance gets an eviction notice.AFTER we send the notices we try to contact the tenants to see what the issue is.Also, as @Ricardo R. suggested, have your PMC do an Occupancy Check/Contact and take a subtle video of it to prove to you they did it and what happened.

Again, these questions have a bit of turnkey flavor to them, but they work very well when interviewing management companies.