It takes a certain level of QB knowledge to set it up correctly.My General Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.

That approach might not serve the seller well, especially since the goal is to genuinely help them by offering a reliable quick solution.My current thought is to focus on networking and building a solid and extensive buyers list and understanding their ideal investment criteria upfront.

Great guy, very knowledgeable and experienced. 

It sounds like you should discuss specifics with a knowledge RE tax professional and discuss tax strategies.

I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast.

If the work is not 100% complete by the end of the Escrow period, may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.

If the property only needs light cosmetic updates, 3 months might be doable, but for more extensive renovations, it’s going to take longer. 

I for one built a simple chrome extension to see if the mortgage is less than rent and accordingly provide that information on every zillow listing page.

I believe this comes from a lack of knowledge about how their businesses should be run.

pls email me any helpful knowledge.