MLS is pretty good for single family comps because most people list their home with a Realtor.

most DSCR loans have some pretty stiff pre pay penalties .. 

@Melissa Odom - it's a pretty wild west territory with DSCRs, some allow LLC, some allow trusts, some require LLC, some not.

They key to all businesses is operational excellence (which is what everyone is talking about when they talk about their core 4).What I did and what I suggest you do is to buy 1 that is pretty close to turn key and see how that goes. 

Specifically for taxes, its pretty straight forward with Baselane because you can tag all of your transactions with the pre defined categories for a Schedule E (the tax form you submit for rental property).

Hi Shawn,Don't quote me, but I'm pretty sure you deduct the rent (75%) you're getting from the liabilities (denominator) rather than adding to your income (nominator) IF it's an investment property.

The economy is also pretty diverse and strong - lots of growth in population and the job market and there is strong rental demand.

Luckily my customers were pretty loyal to me but you get the point. 

I can appreciate that advise but being a Realtor and and My Dad being an master electrician (with a much broader knowledge base that goes more into being a GC without a license - and no we won't use him as an unlicensed GC) I feel pretty confident that we can do our first flip and be successful.

I guess, she was pretty angry about not letting her book off platform.