If your state is like Maryland you can download the Articles form from a website and have it filled out in minutes.

Download BP’s newest book here some good due diligence in Chapter 10.

There are some wonderful resources here and I highly recommend listening to their podcasts and watching the webinars on youtube, on the site, or through the Webinar replay.Weekly webinarhttps://www.biggerpockets.com/webinarWebinar replay last weekhttp://app.webinarjam.net/replay/2725/3be51f8b5a/0...Finally, download Brandon's book Ultimate Beginner's Guide.  

Download BP’s newest book here some good due diligence in Chapter 10.

Download BP’s newest book here some good due diligence in Chapter 10.

Download BP’s newest book here some good due diligence in Chapter 10.

@Brett Synicky I'll have to download that podcast.

Download BP’s newest book here some good due diligence in Chapter 10.

still have not loaded up a pic  but I found a real estate calculator and downloaded it quick!

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.