Okay enough prologue, here's the deal:3003 Finley St, Fort Worth, TX, 76111 (United Riverside)4 bed, 2 bath, 1570sf, built 1951Asking $84,900Estimating $25,000 in repairs (roof is 2 years old) needs: vinyl floors, new countertops, appliances, HVAC, possibly re-wiring, trim/doors, and paint.Estimated ARV: $150,000 (I base this on 3 bed 2 bath comps ~1350sf only a few blocks away selling for $159k to $185k, roughly $100/sf to me seemed like a conservative estimate)Estimated rent $1400/month (I based this on Fair Market Rent chart for 76111 from section 8 housing which lists 3 bed at $1350 and 4 bed at $1720, plus several 3 bed 2 bath rentals currently available a few blocks away at $1350/month)Running BRRR numbers with $80k cash purchase, $25k rehab, refinance at $105k, %10 capex/repairs, 10% vacancy, 10% management fees led to a monthly net cash flow of about $200.Is there something I am missing about this deal that I need to account for?

That rent to price ratio will take hands-on, precise execution, and little capex.

As you define those criteria, you'll be able to dive deeper into more precise and specialized strategies (student housing, commercial properties, airbnb, basement suite conversions, luxury flips, cosmetic flips, etc.).

For all those smaller expenses... do you set up separate expense accounts in the chart of accounts or just like a Misc.

Hi, I'm looking for assistance with getting my chart of accounts setup correctly in QuickBooks. 

The latter two of the printed documents contain a lot of economic information and charts on the local markets of the area I am trying to learn more about to invest in. 

Another option to get a more precise number is by talking to the insurance company that is used on the property.

You can study charts pie graphs and statistics ..but nothing beats snooping around the area in your car or in foot .

The interest you save is great and the mortgage balance will accelerate downward faster.So now when that is arranged and recorded - there are a number of things you can do next - refinance - put the seller first in second place - you get cash -- when you are ready to sell you can take some cash, do a wrap on your interest free mortgage and your existing mortgage and charge interest on the money you owe (it don't get no better than that - the yield is off the chart).

I have only charted the dollars going out.