If it's a winner, it's an infinite return.

Hey @Erin Babnik, I agree with the Excel recommendation.I love to suggest QuickBooks Online for bookkeeping for REIs (that's what all of our Clients are on) but if you only have 1 property and are looking to keep this as simple as possible the clear winner is Excel.Best of luck!

Sounds like you got a winner of a deal there, and all things considered a great interest rate before they shot up in 2022!

But even beyond that, the process in which the auction is conducted and how a "winner" is determined will often complicated and different from state to state.

Sounds like you picked a winner of a company to work with...If there isn't any paperwork allowing the PM to act on your behalf then the lease is not executed and therefore null and void.

It is one of the markets I have been checking out lately to see if any winners come to my deal desk. 

I would like to possibly purchase a multiplex 2-4 units that is a proven winner when comparing costs to return. would this be ideal?

Again I'm sorry this happened but you also learned enough to make sure your next deal is a winner!

Then find yourself a rental/inspector guru that knows what constitutes a winner rental property based on your capabilities.

Yeah I might stick with that, it’s hard to find deals anywhere but at least you can get deals done in the smaller markets, in addition to flip I got I lost out on another one by 4K and probably should have just gone higher, a few other deals I was interested in “only” got 4 offers and they were well priced, my point is it’s hard everywhere but you can deals done in these types of areas. almost any asset class in any major metro is just over saturated and you end up with a “ winners curse” when bidding .